What is the definition of shortage in economics

Question

02-05-2020
Business

contestada

What is the definition of shortage in economics

Respuesta :

Otras preguntas

Which equation has the same y-intercept as y=4x-3?a. y-3=x b. y=8x+3 c. 3-y=4x d. y=-3+8xWhich of the following is the equation of the line

Prove that (x^5)-(x^2)+2x +3=0 has at least one real root. Prove that x=cosx has at least one solution.

what is the answer for (20,8),(9,16) ?

Marika and Freddy sold 70 homes for Ron Realty. If Marika sold 2.5 times as many homes as Freddy, how many homes did each sell?

Scarcity is the condition of not having enough goods and services to satisfy everyone's?

(10y^3+20y^2+55y)/5y

How were life forms affected by the rise in atmospheric oxygen levels that began 2.2 billion years ago?

Data are drawn from a symmetric and bell shaped distribution with a mean of 120 and a standard deviation of 5. There are 900 observations in the data set. What

xycoemo99 xycoemo99 · Answer 1 · 2020-08-31T09:48:41+02:00

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