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What is meant by artificial scarcity? - Commerce

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प्रश्न

What is meant by artificial scarcity?

संक्षेप में उत्तर

उत्तर

There are certain situations where the shopkeepers put up the board “No Stock” in front of their shops, even though there is plenty of stock in the store. In such situations, consumers who are desperate to buy such goods have to pay a hefty price to buy those goods and thus earning more profit unconscientiously.

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Consumer Exploitation
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अध्याय 16: Consumerism - Exercise [पृष्ठ १३९]

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सामाचीर कलवी Commerce [English] Class 12 TN Board
अध्याय 16 Consumerism
Exercise | Q III. 2. | पृष्ठ १३९
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