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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
Kapitan
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Aug 7, 2022
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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
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Kapitan
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The answer would be Scarcity because they are short supply do to the hurricane.
Pavan Vora
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Aug 10, 2022
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Pavan Vora
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Answer: C. Scarcity
The situation is an example of scarcity.
Ezod
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Aug 13, 2022
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