Which situation would increase the scarcity of a product?
A. A new production method lowers the cost of making the product.
B. Demand for the product falls, and fewer customers buy it.
C. One of only two factories that made the product shuts down.
D. A foreign country begins exporting the product in high volume.
Answers: 3
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Which situation would increase the scarcity of a product?
A. A new production method lowers the cos...
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