There is a shortage in a market for a product when | eBooks | Education

There is a shortage in a market for a product when

There is a shortage in a market for a product when PLDZ-9584 Free
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There is a shortage in a market for a product when

 

Multiple Choice

 

quantity demanded is lower than quantity supplied.

supply is less than demand.

demand is less than supply.

the current price is lower than the equilibrium price.

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