scarcity implies that:\na. a way of rationing supplies of goods must be found\nb. there will always be…

scarcity implies that:\na. a way of rationing supplies of goods must be found\nb. there will always be shortages\nc. there can never be surpluses for long periods of time\nd. middlemen perform no useful function in society

scarcity implies that:\na. a way of rationing supplies of goods must be found\nb. there will always be shortages\nc. there can never be surpluses for long periods of time\nd. middlemen perform no useful function in society

Answer

Brief Explanations:

Scarcity means limited resources relative to unlimited wants. So, a way to ration supplies of goods must be found to deal with the limited - availability situation. Shortages are not always present as prices can adjust to clear markets. Surpluses can exist for long periods too. And middlemen play useful roles in the market like facilitating transactions.

Answer:

A. a way of rationing supplies of goods must be found