What is the difference between a shortage and a scarcity?

Question

A. A shortage can be temporary or long-term, but scarcity always exists.
B. A shortage results from rising prices; scarcity results from falling prices.
C. A shortage is a lack of all goods and services; scarcity concerns a single item.
D. There is no real difference between a shortage and a scarcity.

B?

Answer 1

If you are unsure, look up the words in question: scarcity and shortage.

Answer 2

Oh wait...nope. It is A

Answer 3

I think you are right!

Answer 4

Awesome! Thanks (^_^)