Question

Which of the following best describes the main difffrence between scarcity and a shortage

Answer 1

shortage means you don't have enough scarcity means you are running low but still have some but you are getting low

Answer 2

Even though you didn't post the options so we can do the ressearch, the definitons of both words arre:

shortage - when consumers want more than what producers are willing to produce at a price.

scarcity - there are not enough goods and services for everybody to have everything that he or she wants. There are a lack of products, they are not enough for the population