What is the difference between a shortage and a scarcity?

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?

4 answers

If you are unsure, look up the words in question: scarcity and shortage.
Oh wait...nope. It is A
I think you are right!
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