scarcity
11scarcity — [[t]ske͟ə(r)sɪti[/t]] scarcities N VAR If there is a scarcity of something, there is not enough of it for the people who need it or want it. [FORMAL] ...an ever increasing scarcity of water. Syn: shortage …
12scarcity — scar|ci|ty [ skersəti ] noun singular or uncount a situation in which the supply of something is not enough for the people who want or need it: SHORTAGE: a scarcity of fuel ─ opposite ABUNDANCE …
13scarcity — noun (singular, uncountable + of) a situation in which there is not enough of something: the present scarcity of labour …
14scarcity — noun the scarcity of affordable housing Syn: shortage, dearth, lack, want, undersupply, insufficiency, paucity, scarceness, scantness, scantiness, meagerness, sparseness, poverty; deficiency, inadequacy; unavailability, absence; rare exiguity …
15scarcity — UK [ˈskeə(r)sətɪ] / US [ˈskersətɪ] noun [singular/uncountable] a situation in which the supply of something is not enough for the people who want it or need it a scarcity of fuel …
16scarcity — scarce ► ADJECTIVE 1) (of a resource) insufficient for the demand. 2) rarely found. ● make oneself scarce Cf. ↑make oneself scarce DERIVATIVES scarcity noun. ORIGIN O …
17Scarcity value — is the economic factor that increases an item s relative price based more upon its relatively low supply. Whereas the prices of newly produced manufactured products depends mostly on the cost of production (the cost of inputs used to produce them …
18scarcity value — ˈscarcity ˌvalue noun [countable, uncountable] ECONOMICS the high value that something has when there is not much of it available: • Older properties in the centre of town have a scarcity value. * * * scarcity value UK US noun [C or U] ECONOMICS …
19scarcity close — n. A sales ploy in which a product or service is made to appear scarce in order to increase its apparent value. Example Citation: Marketers like the scarcity close. By creating an apparent scarcity, they make us hungry. Joanne Kates, Hopeless… …
20Scarcity Principle — An economic principle in which a limited supply of a good, coupled with a high demand for that good, results in a mismatch between the desired supply and demand equilibrium. In pricing theory, the scarcity principle suggests that the price for a… …
