What the authors mean by stabilized scarcity?

Read and respond to the article The Evolution of the Corporation in the United States by Atkinson, Hake and Paschall. What the authors mean by stabilized scarcity? How was the Rule of Reason interpreted to allow for the expansion of the corporate form of business organization?

A short essay (at least three paragraphs in length). The purpose of
your response is for me to learn if you read the article. The responses will be graded as follows:
3 points good response, 2 points-adequate response (I can tell you read the article but you
dont seem to have a grasp of the author(s) point), 1 point-inadequate response (I cant really
tell if you read the article), 0 points no response turned in.

No sources or citations.

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