If a good has become more scarce than we know for sure that

Name: If a good has become more scarce than we know for sure that
Brand: Quizplus
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Question

Quizplus · Accepted Answer

If a good has become scarcer, it could be due to an increase in demand for the good or a decrease in the supply of the good. Therefore, choice C is the best answer as it includes both options. The other choices (A and B) only account for one of the potential scenarios, and D is unlikely because it is unlikely that both supply and demand would decrease at the same time.

If a Good Has Become More Scarce Than We Know