Business Letters Personal Letters Resumes CVs and more
Example of Scarcity
Scarcity is a concept which has both language and economic usage. Common usage refers to a lack of a given type of commodity. The economic rule derived from the concept relates to the effect on market values and prices, translated into an effect on the society. This idea is based on the 'rarity' value of materials like gold, plus its economic values as a commercial and investment product.