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murite1eKylie murite1eKylie
  • 31-01-2017
  • Business
Answered

Suppose that there is a news report of a shortage of gasoline. what does this mean? if the market system were left alone, how would this shortage be eliminated?

Verified Answer :

taskmasters
taskmasters taskmasters
  • 09-02-2017

A shortage is a term used to refer to the supply not being enough to accommodate the needs of all its users. This means that the gasoline supply may run out if not replenished and used properly. The shortage be eliminated by replenishing the supply or limiting the activities that would require the use of gasoline.

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