When there is a limited amount of a product, such as rare art or collectible cars, this is known as _____.

A.
scarcity

B.
elasticity

C.
supply

D.
demand

1 answer

A. scarcity
Similar Questions
    1. answers icon 1 answer
  1. What limits the growth of phytoplankton?It is limited by the amount of water that runs off into the ocean. It is limited by the
    1. answers icon 1 answer
  2. What is a limited resource?A limited resource is a factor of production required to produce a product or provide a service that
    1. answers icon 1 answer
    1. answers icon 1 answer
more similar questions