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How does scarcity impact society

User Ilana Hakim
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13 votes

Answer:

a market/society is dictated by supply and demand and scarify affects the supply of a product because if something is more scarce/rare then usually there is a higher demand and a higher price. This impacts society because it affects the price of things and how much people are willing to give for it

Step-by-step explanation:

User Nuuu
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