Which situation best illustrates the concept of scarcity?
a class designing and selling calendars
a cook learning to be an executive chef
a friend buying a copy of a popular DVD
a person buying a used car due to limited income

Respuesta :

Answer:

answer is D

Explanation:

Situation best illustrates the concept of scarcity is a person buying a used car due to limited income

What is Scarcity?

Scarcity can be regarded as an economic situation whereby the demand for a resource is more compare to the supply .

Therefore, scarcity is as a result of the resource, been limited.

Learn more about Scarcity at;

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