What is the difference between scarcity and shortage?
A. Scarcity is temporary while a shortage is permanent.
B. Scarcity occurs when goods and services are low because prices are high.
C. Shortages are temporary while scarcity always exists because there will always be a greater need for limited resources.
D. A shortage will always exist because when a drought kills crops, those crops are not salvageable, scarcities are temporary.
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