As my economics professors insisted, cost is determined by scarcity and demand.
The scarcity of Welsh bibles was Charles's greatest difficulty in his work.
The Annals abound with references to the prices and comparative abundance or scarcity of the two staple products, wool and corn.
The complete failure of the rain in the autumn of 1896 caused scarcity to develop suddenly into famine, which lasted until the end of 1897.
But these are questions of technology, not of scarcity, and technology is about to rocket forward.
The Cyperus dives is still become that it is reported that in the reign of Tiberius, owing to the scarcity and dearness of the material caused by a failure of the papyrus crop, there was a danger of the ordinary business of life being deranged (Pliny, N.H.
We essentially view scarcity like the children's game "musical chairs."
And yet we do have some experience with situations where scarcity is nonexistent.
The later middle ages are represented by several monasteries, and many castles, such as those of Dervent, Doboj, Maglaj, Zepee and Vranduk, on the Bosna; Bihac, on Owing to the scarcity of authoritative documents, it is impossible to describe in detail the events of the next three centuries.
The prosperity of the French shipping trade is hampered, by the costliness of shipbuilding and by the scarcity of outward-bound cargo.
Hence, although wages are painfully low, the cost of production to the manufacturer is relatively high; and it is still further increased by the cost of the raw materials, by the heavy rates of transport owing to the distance from the sea, by the dearness of capital and by the scarcity of fuel.
This fact will account for the profusion with which some orchids, like the common bee orchis for instance, are found in some seasons and their scarcity in others.
These debased currencies are usually at a premium over gold owing to the extreme scarcity of fractional coinage.
A relative scarcity in running waters prevails in the whole region between the Danube and the Drave.
The Privy Council were at this time apprehensive of an approaching scarcity of food.
The scarcity of specimens of early glass-ware actually found in Egypt, and the advanced technique of those which have been found, lead to the supposition that glass-making was exotic and not a native industry.
In the scarcity of poets at this time two others deserve mention; Abu Mihjan, who made peace with Islam in 630 but was exiled for his love of wine, which he celebrated in his verse (ed.
The shores fall rapidly as a rule, and there is a marked scarcity of islands, none occurring of any size or at a distance from the coast line.
In these districts and others the number has become much reduced, owing doubtless in part to the fatal practice of catching the birds just before or during the breeding-season; but perhaps the strongest cause of their growing scarcity is the constant breaking-up of waste lands, and the extirpation of weeds (particularly of the order Compositae) essential to the improved system of agriculture; for in many parts of Scotland, East Lothian for instance, where goldfinches were once as plentiful as sparrows, they are now only rare stragglers, and yet there they have not been thinned by netting.
That year, however, was an unusually bad year; the lamperns, from their scarcity, fetched £8, ios.
Its growing scarcity in Great Britain was very perceptible until the various acts for the protection of wild birds were passed.
"The natives added that, in times long past, they received the tradition 'that very large birds had existed, but the scarcity of food, as well as the easy method of entrapping them, had caused their extermination."
Though no line can be drawn between ancient and modern metrology, yet, owing to neglect, and partly to the scarcity of materials, there is a gap of more than a thousand years over which the connexion of units of measure is mostly guess-work.
There were occasionally riots due to scarcity of corn (notably in Mexico itself in 1692).
From the scarcity of water on the main routes through the Kalahari these roads are known as " the thirsts "; along some of them wells have been sunk by the administration.
One reason for this scarcity is to be sought in connexion with the fact that multiplicative stages are very rarely met with, at any rate in the general circulation.
In the last part of the, 9th century its decline was rapid, not only because of the increasing scarcity of whales, but because of the introduction of the mineral oils, and by the end of the century whaling had ceased to be of any economic importance.
Fames, hunger), extreme and general scarcity of food, causing distress and deaths from starvation among the population of a district or country.
These sudden appearances of vast bodies of lemmings, and their singular habit of persistently pursuing the same onward course of migration, have given rise to various speculations, from the ancient belief of the Norwegian peasants, shared by Olaus Magnus, that they fall down from the clouds, to the hypothesis that they are acting in obedience to an instinct inherited from ancient times, and still seeking the congenial home in the submerged Atlantis, to which their ancestors of the Miocene period were wont to resort when driven from their ordinary dwelling-places by crowding or scarcity of food.
This increasing scarcity of wood was probably one of the chief causes of the attempts which the iron masters then made to replace charcoal with mineral fuel.
Basic form, made all of the world's rail steel; but even for this work it has now begun to be displaced by the basic open-hearth process, partly because of the fast-increasing scarcity of ores which yield pig iron low enough in phosphorus for the acid Bessemer process, and partly because the increase in the speed of trains and in the loads on the individual engineand car-wheels has made a demand for rails of a material better than Bessemer steel.
Or, again, the memory might be confused by this variety, and the verification of quotations, especially of brief ones, was difficult, not only from the comparative scarcity of the copies of books, but also because ancient books were not provided with ready means of reference to particular passages.
Scarcity, or what we term scarcity, is a technological problem as well. 4.