Recently, Curie Motors opened an electric vehicle manufacturing plant in Boomtown. The company is hiring hundreds of workers, but the new employees are having trouble finding affordable housing. New houses in Boomtown are very expensive because there is very little suitable land available in the area.
This problem is an example of which economic concept?
A.
scarcity
B.
monopoly
C.
incentive
D.
innovation
THIS IS CIVICS
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