What does artificial scarcity mean?
Definitions for artificial scarcity
ar·ti·fi·cial scarci·ty
This dictionary definitions page includes all the possible meanings, example usage and translations of the word artificial scarcity.
Wikipedia
Artificial scarcity
Artificial scarcity is the scarcity of items that exists even though either the technology for production or the sharing capacity exists to create a theoretically limitless or at least greater quantity of production than currently exists. The most common causes are monopoly pricing structures, such as those enabled by laws that restrict competition or by high fixed costs in a particular marketplace. The inefficiency associated with artificial scarcity is formally known as a deadweight loss.
Numerology
Chaldean Numerology
The numerical value of artificial scarcity in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of artificial scarcity in Pythagorean Numerology is: 6
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"artificial scarcity." Definitions.net. STANDS4 LLC, 2024. Web. 28 Apr. 2024. <https://www.definitions.net/definition/artificial+scarcity>.
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