How does scarcity impact society

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03-02-2022
Chemistry

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How does scarcity impact society

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notamuggle0731 notamuggle0731 · Answer 1 · 2022-02-03T10:08:47-05:00

notamuggle0731 notamuggle0731

03-02-2022

Answer:

a market/society is dictated by supply and demand and scarify affects the supply of a product because if something is more scarce/rare then usually there is a higher demand and a higher price. This impacts society because it affects the price of things and how much people are willing to give for it

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