A Roman trader brings 20 ounces of perfume to Rome after his last trip from Arabia. When he reaches the market, he meets 30 people who would each like to buy one ounce. He only has enough perfume to sell one ounce to each of 20 people. What is this situation an example of?

Question

anonymous · Answer

opportunity cost, because the perfume the Roman is offering will produce a good profit
 bartering, because the Roman will be able to give an ounce of the perfume to many people
 scarcity, because the amount of perfume the Roman has is less than then amount that people want
 capital, because the Roman has the chance to charge more for the perfume and make a profit

bigbosssaint21 · Answer

capitol or scarcity

anonymous · Answer

@Bigbosssaint21  can we get to one answer instead of two? xD

bigbosssaint21 · Answer

lol well, then i would go with capitol

shamallamadingdong · Answer

I would agree.