Regarding the economy, consider the economic concept of scarcity – the limited availability of a product that may be in demand in the market. Consider and state why a product that is used every day by millions (for example, toilet paper or toothpaste) might suddenly be unavailable. Provide two possible reasons. And explain how scarcity impacts demand for a product
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Regarding the economy, consider the economic concept of scarcity – the limited availability of a pro...
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