how does scarcity affect customers?

limited money forces consumers to make choices
limited time prevents customers from making decisions
limited numbers of producers force customers to be loyal
limited wants and needs limit customers to small purchases

Overall, scarcity can create a sense of urgency and competition among customers, as they may feel pressured to make decisions quickly or be limited in the options available to them. This can lead to increased demand for certain products or services, driving up prices and potentially leading to frustration or disappointment for customers who are unable to access what they desire. Additionally, scarcity can also create a sense of value and exclusivity for certain products, as customers may be more willing to pay higher prices or display loyalty to a particular brand or producer due to limited availability.