Question

How does their scarcity affect the production activity.

Answer 1

Required Answer:

☑ The scarcity of goods plays a significant role in affecting competition in any price-based market. Because scarce goods are typically subject to greater demand, they often command higher prices as well. When these materials become scarce, the ability of businesses to meet production goals can be affected adversely.

Answer 2

Answer:

I asked answering

Explanation:

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