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

. Halla la expresión algebraica de un número de tres cifras si la cifra de las unidades es 4 veces la cifra de las decenas ¿Alguien sabe resolverlo?
Which word in the choices below completes the analogy? Stolid : Austere :: Elation : A. Exultation B. Awe C. Ulterior D. Exterior
The​ half-life of a certain tranquilizer in the bloodstream is 47 hours. How long will it take for the drug to decay to 93​% of the original​ dosage? Use the ex
Janelle Heinke, the owner of Ha'Peppas!, is considering a new oven in which to bake the firm's signature dish, vegetarian pizza. Oven type A can handle 20 pizza
What number : Decreased by 95% is 81 ?
Please answer this correctly
Find the median of the distributionFrequencesMark0,1,2,3,4,5​
HURRY I NEED HELP PLEASE IM STUCK! :(
Federal State 1. You write your federal representative or senator about your idea. 1. You write your state legislator about your idea. 2. 2. 3. 4. 3. Committees
What is one economic effect that Korea had on medieval Japan? Japan learned from Korea how to breed horses. Japan adopted Korean techniques for cultivating rice