What type of scarcity is being demonstrated in the following situation?
The previews for a new movie looked bad. When the movie came out, it got great reviews. Now, most people want to go see it. As the theaters did not expect it to be popular, it is not showing on enough screens to accommodate the rush.
(1 point)
Responses
demand-induced scarcity
demand-induced scarcity
structural scarcity
structural scarcity
service-based scarcity
service-based scarcity
supply-induced scarcity
1 answer
supply-induced scarcity