While shopping you discover that your favorite department store has lowered the price on a new mp3 player that you wanted to buy. you rush into the store, only to find that they are sold out. what concept does this scenario illustrate?
a. laissez faire
b. law of diminishing returns
c. scarcity

The correct answer for the given question above would be option C. The scenario wherein you discover that your favorite department store has lowered the price on a new MP3 player that you wanted to buy, and found out that they are sold out, this illustrates scarcity. This is the insufficiency of amount and supply.

Answer and Explanation: The given case/scenario is true, since in this particular case the HR director tends to opt for recruiting methods under which the application will further reach a larger population. The recruiting method is done by contacting several professional association and thus outsourcing this task. This method is efficient and effective .