What are the likely causes of the scarcity of some common products?

[Fidelia]

There are times that some products are just scarce and not very abundant in circulation. What do you think are the likely causes of some generally popular products?

What factors can trigger the scarcity of such products?

 

[Stardom22]

Mostly the common products like food stuffs or the most commonly used items are mostly scarcely due to the high demand for it. Hoarding of goods sometimes make some goods to face scarcity.

 

[Kross]

It could even be a challenge with the flow of transportation that makes a particular common product scarce in one location.

 

[Stardom22]

The most causes of the scarcity in the most commonly used items in the economy is dependent to do many factors. Mostly these kinds of items are highly in demand for that reason.

 

[King Belieal]

It could be scarcity of raw materials used in making the product. It could be the climatic condition, it could also be as a result of high demand in supply.

 

[Trush Jodie]

There are some scarcity that is caused by unions. They would just hoard the product and make it seem like the product is not in circulation. And that would drive scarcity entirely.

 

[Augusta]

Scarcity is the result of an imbalance in supply and demand for a good or service. Scarcity is caused by excess demand, insufficient supply or lack of access.

 

[eLdavis]

There are several reasons for this, and one of the most common factors is a shift in demand or environmental factors.

 

[Starmix]

Those products might have become expensive, so business operators may find it difficult to order. Even vegetables and fruits are getting scarce in my place this time, like carrots, okra, potatoes, and cauliflower.

 

[Min George]

Those products might have become expensive, so business operators may find it difficult to order. Even vegetables and fruits are getting scarce in my place this time, like carrots, okra, potatoes, and cauliflower.

True. People would not have incentive to keep stocking products that have become too expensive and slow to be sold out. It now makes the product look scarce.

 

[kit_hung]

Mostly the common products like food stuffs or the most commonly used items are mostly scarcely due to the high demand for it. Hoarding of goods sometimes make some goods to face scarcity.

You know how things are these days, things like food and everyday goods have become difficult to get, many people want them every hour. Some decide to hide them on purpose so that they can sell them later when the price is high. In other words, the situation has become such that when someone gets something, they are just grateful. Let's just say life has become like a game of chasing the wind.

 

[King Belieal]

Scarcity of product when the demand for the product is high and then you just need to run around for the raw materials .

 

[Augusta]

Demand scarcity: When there is a high demand for a resource or product, due to increasing populations or changes in preferences ·