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Which of the following BEST describes the main difference between scarcity and a shortage?

A.
While a shortage is a temporary market condition, scarcity is an ongoing condition in the world.
B.
While scarcity is a temporary market condition, a shortage is an ongoing condition in the world.
C.
Scarcity is found throughout the world, but shortages only occur in wealthy countries.
D.
Shortages occur everywhere, but scarcity happens only in countries with very high poverty levels.

2 Answers

1 vote

Answer:

D) Shortages occur everywhere, but scarcity happens only in countries with very high poverty levels.

Step-by-step explanation:

Edge 2020

User Matt Razza
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0 votes

Answer:D is your answer Im 99 percent sure.

Step-by-step explanation:

User Shawn Lee
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