How does the problem of scarcity affect the choice of people in consumption of goods and services?

      

How does the problem of scarcity affect the choice of people in consumption of goods and services?

  

Answers


mercy
Scarcity is a situation where you find that either a place is highly populated but the resources or food is very little to satisfy the large population of people or vice versa.
Problems caused by scarcity in consumption of goods and services includes:
1. Poor services
2. High crime rates
3. Poor hygiene
4. Unsettled demands
5. Change of preferences
Oreste answered the question on June 22, 2018 at 09:21


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