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grandymaker [24]
2 years ago
14

Recently, Curie Motors opened an electric vehicle manufacturing plant in Boomtown. The company is hiring hundreds of workers, bu

t the new employees are having trouble finding affordable housing. New houses in Boomtown are very expensive because there is very little suitable land available in the area.
This problem is an example of which economic concept?
A.
scarcity
B.
monopoly
C.
incentive
D.
innovation


THIS IS CIVICS
History
1 answer:
OlgaM077 [116]2 years ago
7 0

Answer:

scarcity.

Explanation.

scarcity as there is very little suitable land available meaning houses are scarce

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