If a good or service is scarce, consumers will usually be?

B) willing to pay money to get it.

Multiple-choice options for the question

A) unwilling to buy it.

B) willing to pay money to get it.

C) uninterested in owning it.

D) able to get as much of as they want.

B) willing to pay money to get it.

Explanation:

A good or service is said to be scarce if its demand outweighs the supply. Consequently, not every customer willing to buy the product will find it in the market. Scarcity will lead to a 'scramble' for the products every time buyers locate it. The 'scramble' will make customers who greatly desire the products offer higher prices to the sellers. Scarcity makes prices go up as suppliers take advantage of making higher profits.

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