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

how do you figure out a code in a computer?

International standards are used in supply chain to.... a. Find new methods to develop products. b. Add new frame to the production process. c. Add luxury to th

if money savings account earned 8% interest per annum, how much interest would be earned on 150.00 over 3 years?

Cual es la Raíz cuadrada de 32

What is the level when water starts to become cloudy

a firm projects its profit to ksh 350000 for the 1st month ,ksh.700000 for the second month ,ksh 1050000 for the 3rd month and so on.What will be the total proj

(CORRECT ANSWER GETS BRAINLIEST, 10 POINTS)

Add labels for mass extinction and adaptive radiation:

an isosceles triangle the ratio ri/rc of the inscribed and circumscribed circumference is 1/2. determine the angles of the triangle.

A new report says that major brands’ refusal to use sustainable materials is having a devastating impact on forests and climate. Photo by: BrooWe're all learnin