dillonm1 dillonm1

01-02-2017
Business

contestada

example of a product that went through a time of scarcity.

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JesseCoat JesseCoat

01-02-2017

Water could work, in context of third-world countries (if you stretch this question a little bit).

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dhanyaj dhanyaj

02-06-2021

Answer:

Water. In third-world countries, there may be a scarcity of fresh drinking water, It the product is scarce, the price is likely to rise because of the law of supply: as the quantity supplied of a good falls, the price rises.

Explanation:

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