Question

Question

How does scarcity affect customers?
(1 point)
Responses

Limited money forces consumers to make choices.
Limited money forces consumers to make choices.

Limited time prevents customers from making decisions.
Limited time prevents customers from making decisions.

Limited numbers of producers force customers to be loyal.
Limited numbers of producers force customers to be loyal.

Limited wants and needs limit customers to small purchases.

Answer 1

The most accurate response is:

Limited money forces consumers to make choices.

Scarcity, particularly in the context of limited financial resources, compels consumers to prioritize their needs and wants, leading to decision-making about what to purchase based on their budget constraints.

Answer 2

you sure