Which of the following is not a manifestation of scarcity long queues?
Scarcity and Long Queues
Scarcity is a fundamental economic problem that arises due to unlimited wants and limited resources. It leads to the need to make choices about how to allocate these limited resources efficiently. Long queues are a common manifestation of scarcity, but there are other factors that can also contribute to queues that are not directly related to scarcity.
Not a Manifestation of Scarcity
- **Unforeseen Circumstances**: Sometimes long queues can be caused by unforeseen circumstances such as technical issues, staff shortages, or unexpected events. These factors are not directly related to scarcity but can still lead to long waiting times.
- **Inefficient Processes**: In some cases, long queues can be a result of inefficient processes or poor management rather than scarcity. For example, if a business does not have enough staff or proper systems in place to handle customer demand efficiently, it can result in long queues.
- **High Demand**: Long queues can also occur when there is a high demand for a particular product or service, even if there is no scarcity of resources. This can be due to factors such as popularity, marketing strategies, or seasonal trends.
In conclusion, while long queues are often associated with scarcity, there are instances where other factors such as unforeseen circumstances, inefficient processes, or high demand can also contribute to long waiting times. It is important for businesses to address these issues to improve customer satisfaction and efficiency, regardless of the underlying cause.
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