Indeed it was. So, yes, it's true.
Since scarcity is when the supply of a product goes low
the price goes up when the supply of a product is down
The Saudi Arabia politics are take place in the context of a totalitarian absolute monarchy with some Islamic (Wahhabi Islam) lines, and the King is both the Saudi Arabia's head of state and absolute monarch (i.e. he is the head of government). The King also serves as the head of the Saudi royal family, the House of Saud, which is also why the country bears the name that it has.
Answer:
Well, I'm not sure because degrees Fahrenheit doesn't show. The degrees Celcius depends on Fahrenheit.
Explanation: