Question

Describe a real or made up but possible example of a product that went through a time of scarcity. What was likely to happen to the price of the product when it was scarce, and why?

Answer 1

@Elsa213

Answer 2

`Say, there's a disease that appears that lemon trees don't have a resistance to, and the majority of lemon trees die off from said disease. Lemons are then scarce product and the prices are likely to rise.`