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Which of the following is an example of scarcity, rather than shortage? a. A popular toy is sold out during the busy holiday season. b. You have spent your last penny and payday is a week away. c. A person wants an endless supply of everything but cannot have it. d. Dairy items were rationed in America during World War II. Please select the best answer from the choices provided A B C D

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Mannychristopherson Mannychristopherson

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Scarcity dictates that economic decisions must be made regularly in order to manage the availability of resources to meet human needs. Some examples of scarcity include: The gasoline shortage in the 1970's. ... Coal is used to create energy; the limited amount of this resource that can be mined is an example of scarcity

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