Register
A hurricane hits the coast of the United States, destroying oyster farms. Afterward, oyster farmers have far fewer oysters to sell to stores and restaurants. What is this situation an example of? A. Incentive
22.8k views
5 votes
A hurricane hits the coast of the United States, destroying oyster farms. Afterward,

oyster farmers have far fewer oysters to sell to stores and restaurants.
What is this situation an example of?
A. Incentive
B. Demand
C. Scarcity
D. Trade-off

User Kapitan
by
8.4k points

2 Answers

6 votes
The answer would be Scarcity because they are short supply do to the hurricane.
User Pavan Vora
by
8.7k points
4 votes
Answer: C. Scarcity

The situation is an example of scarcity.
User Ezod
by
7.7k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
What is meant by data mining ?
What is the best way to describe a stock market?
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
Link Copied!