Scarcity – The Good and the Bad
Prairie Eco-Thrifter
NOVEMBER 12, 2014
” Scarcity drives economics and business. In business and economics, if you have something in abundance that others consider scarce, you stand to move ahead and make a profit, but if your service or product is offered by a multitude of others you have to find other ways to get ahead. Why is scarcity bad?
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