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dexar [7]
3 years ago
12

What is the difference between a shortage and scarcity?

Business
2 answers:
Nina [5.8K]3 years ago
8 0

1. Capital and land

2. Human capital

3. a person who starts an all-organic cleaning supplies business that employs others.

4. A shortage can be temporary or long-term , but scarcity always exists.

5. Examining opportunity costs.

100% correct your welcome please leave a "thank you" and rate me so others know I'm reliable.


velikii [3]3 years ago
7 0
<span>The difference between scarcity an shortage is that a scarcity is something that occurs naturally due to limitations on the resources that have no way to be replenished. A shortage comes from a condition in the market when a certain good is set at a certain price. So the correct answer is B.</span>
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