Question

The lack of which of the following represents scarcity? orange juice because the trucks carrying it are on strike enough workers to finish two jobs because there’s a limited supply of workers enough workers to work at night because the pay is too low grapefruit juice because very few people want to buy it

Answer 1

Answer:

The lack of orange juice represents scarcity.

Explanation:

This is because scarcity is the lack of product, not the lack of demand. Since there is a limited supply of workers then it is less likely to be produced in large quantities, making it scarce because there is not enough of the product to meet the demand. Furthermore, the grapefruit juice cannot be considered scarce because although there is a low demand, the product's production is not threatened in any way, so there is enough of it to satisfy the demand.