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18 February, 10:54

The principle of scarcity suggests that people are harder to influence when they feel that they are obtaining a scarce resource. select one:

a. True

b. False

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Answers (1)
  1. 18 February, 11:11
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    This statement is False.

    The scarcity principle is actually states that is the opposite of what the statement say. When there is a scarcity of a certain good and there is a high demand for that good the equilibrium is in disarray. We see that there is a high demand for something, thus people would be persuaded more easily.
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