The BEST example of an artificially scarce good is:
A)legal services.
B)national defense.
C)a municipal library.
D)cable television programming.

Question

Quizplus · Accepted Answer

Cable television programming is an artificially scarce good because cable companies limit access to certain channels or programs, creating scarcity and allowing them to charge customers a premium for access to those programs. Unlike natural scarcity, where a good is limited by physical resources or production capabilities, artificial scarcity is intentionally created to increase demand and profit.

The BEST Example of an Artificially Scarce Good Is