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

2. During the first stage of the writing process, you must define your _______, _______, and _______.
Under the direction of trumpeter thad jones and drummer mel lewis, the appropriately name _________________________ . the performed frequently at the village va
Can someone please help me with part B?
Archimedes drained the water in his tub. 62.5 liters of water were drained each minute, and the tub was completely drained after 8 minutes. Graph the amount of
Factor by grouping. Then supply the term that is missing below. 2mn-3m+8n-12=(m+4)(?-3) The missing term ? = _____.
13. To form the plural of a noun ending in s, sh, ch, or x, you should add A. ies. B. es. C. s. D. ves.
Find the area of the regular 20​-gon with radius 77 mm.
Which stretching technique is most commonly associated with injury? select one: a. static stretching b. ballistic stretching c. proprioceptive neuromuscul
James put $200 into a cd that pays 9% interest compounded quarterly. according to the rule of 72, approximately how long will it take for his money to double?
Which is an example of a union strategy that took advantage of a Confederate weekness