Question

______________________ increased visibility of purchasing from the mid 70s to the mid 80s.

Answer 1

Scarcity/inflation increased the visibility of purchasing from the mid-70s to the mid-80s.

Visibility is a unit of measurement for the distance at which an object or light can be made out clearly. It remains constant regardless of ambient light level or time of day in meteorology since it is dependent on the transparency of the surrounding air. Depending on the nation, it is recorded within surface weather observations and METAR code in either meters or statute miles. All types of traffic, including air, sea, and land travel, are impacted by visibility. The mismatch between scarcity, finite resources and supposedly limitless wants is the most fundamental economic issue. Demand-induced, supply-induced, and structural factors are the main contributors to economic scarcity. Supply remaining constant as demand increases is referred to be demand-induced.

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