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Is it true that scarcity indicates that a price is too low?

Updated: 11/22/2022
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Princesslaceeytw9768

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Q: Is it true that scarcity indicates that a price is too low?
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Who does the market favor during scarcity?

If there is too much of something, then the price will be too low to produce it. There has to be scarcity to make it worthwhile for both parties. a+ Producers


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