gayleneadamsot3tmz gayleneadamsot3tmz
  • 02-05-2020
  • Business
contestada

What is the definition of shortage in economics

Respuesta :

xycoemo99 xycoemo99
  • 31-08-2020

Answer:

A shortage, in economic terms, is a condition where the quantity demanded is greater than the quantity supplied at the market price. There are three main causes of shortage—increase in demand, decrease in supply, and government intervention

Answer Link

Otras preguntas

The diagram shows a rectangle with length 2) (3d + 2) am and width (d+5) cm. 3d+2 d+5 a Write an expression for the perimeter of the rectangle. b Given that the
how is the line transect technique carried out​
Excerpt from The Chess Game Lindsay Rock Jonathan was bored out of his mind. It was a beautiful, hot, sunny day, and under normal circumstances, he would have c
A line segment AB is increased along its length by 25% by producing it to C on the side of B . If A and B have the coordinates ( 1 , 2 ) and ( 5 , 6 ) respectiv
Question and answer options in photoI quessed D who knows it might be rightplease help :( Thank You​
3x (7+8)x2+6 = ? HM?
Suppose the depth of the tide in a certain harbor can be modeled by y = 23 - 5 cos (6.), where y is the water depth in fect and t is the time in hours. Consider
which one is true I am confused
Review the graph of function g(x). On a coordinate plane, a graph repeats multiple time with a maximum of (0, negative 2) and minimum of (0, negative 8) near th
ano ang kabutihang naidulot ng magna carta?​