Biology, 16.10.2019 00:30, erik1franks

What is the difference between scarcity and shortage?
a. scarcity is temporary while a shortage is permanent.
b. scarcity occurs when goods and services are low because prices are high.
c. shortages are temporary while scarcity always exists because there will always be a greater need for limited resources.
d. a shortage will always exist because when a drought kills crops, those crops are not salvageable, scarcities are temporary.

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What is the difference between scarcity and shortage?
a. scarcity is temporary while a shorta...