Colby743 Colby743

29-07-2015
Social Studies

Answered

When quantity demanded in a market is more than the quantity supplied, _____ occurs.

Aa surplus
Ban equilibrium
Ca shortage
Da production possibility

Verified Answer :

WorldCitizen WorldCitizen

29-07-2015

when the demand is bigger than the supply, a shortage occurs (option C). - a shortage is when there is not enough of a certain good, such as of toilet paper in Communist Eastern Europe in the 80s.

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