QUESTION IMAGE
Question
when the demand for a good or service is greater than the availability of that good or service you have which of the following? opportunity cost no impact scarcity
Brief Explanations
Opportunity cost refers to the value of the next best alternative foregone, not the mismatch between demand and availability. "No impact" is incorrect as this imbalance is a core economic issue. Scarcity is defined as a situation where the demand for a good/service exceeds its available supply, which matches the scenario described.
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scarcity