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Why is gasoline scarce?

Updated: 8/23/2023
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Q: Why is gasoline scarce?
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What are the example of scarce resources?

Example of some scarce resources are Oil, Paper, Gasoline and Land etc.


What are 5 examples of scarce resources?

oil, paper, gasoline, land, and jobs. your welcome!


What things are scarce?

Scarce things can include:wood,water,air,coil,gold,any special jewels,Gasoline,and others things people usually want.


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What was scarce in World War 2?

Lots of things were hard to get or rationed. Meat and sugar, rubber and gasoline, shoes and clothing, steel and copper.


What did horses do in World War 2?

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The US government should not regulate the price of gasoline...Why?

The US believes in the free market economy. If gasoline is scarce (the demand exceeds the supply) then the price goes up, and as a result people buy less gasoline, and thus supply and demand come back into balance. If gasoline is abundant (more supply than demand) then the price goes down, and people will buy more of it; once again there is a balance between supply and demand. That's the theory, anyway.


Should the US government regulate the price of gasoline?

The US believes in the free market economy. If gasoline is scarce (the demand exceeds the supply) then the price goes up, and as a result people buy less gasoline, and thus supply and demand come back into balance. If gasoline is abundant (more supply than demand) then the price goes down, and people will buy more of it; once again there is a balance between supply and demand. That's the theory, anyway.


A sentence with the word scarce?

I can give you several sentences.Money is scarce in my house.We need to conserve scarce resources.Make yourself scarce!


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Scarce is an adjective.


Is chlorine common or scarce?

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