Business

Hillary Clayton

30 June, 11:09

Describe a real or made up but realistic example of a product that went through a time of scarcity, when demand was greater than the supply. What is the product, and why do you think it became scarce? What happened to the price of the product when it was scarce

+5

Answers (1)

Know the Answer?

Not Sure About the Answer?

Get an answer to your question ✅ “Describe a real or made up but realistic example of a product that went through a time of scarcity, when demand was greater than the ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.

Search for Other Answers

You Might be Interested in

Identifying and assessing a company's resource strengths and weaknesses and its external opportunities and threats is called:

Orlando Corporation incorporated on January 2 of the current year. During the year, Orlando had the following transactions: times issued 40 comma 000 shares of common stock at $ 35 per share. The par value per share is $1.

Merrythought is a business that makes teddy bears, located in Ironbridge, Shropshire, in the United Kingdom. The business was founded years ago by Gordon Holmes.

Carlos consumes only cheese and crackers. a. could cheese and crackers both be inferior goods for carlos? explain. b. suppose that cheese is a normal good for carlos while crackers are an inferior good.

What implicit message can most clearly be inferred from the article "what a bad flu season could cost the us economy?

New Questions in Business

When discussing the balance of trade, which of the following is an umbrella statistic that encompasses the other three?

Castillo Company has a defined benefit pension plan. At the end of the reporting year, the following data were available: beginning PBO, $81,000; service cost, $18,600; interest cost, $5,600; benefits paid for the year, $9,600; ending PBO, $95,600;

Tina Dooley, a salesperson, ordered this listing in the real estate section of the local phone directory: Tina Dooley, Real Estate Salesperson, Residential Property My Specialty." What additional information must be included

Tomika Corporation has current and accumulated earnings and profits of $0. Tomika distributes $10,000 to its sole shareholder, Alana. What are Tomika's earnings and profits after the distribution? A. $0 B. ($10,000) C. $10,000 D. none of the above

An HR manager for PepsiCo, a company known for its commitment to diversity, is seeking to hire employees who are very comfortable with racial, cultural, and sexual diversity.