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N economic language, a shortage is best defined as __________.

A.
a situation in which the demand for a good or service is greater than the amount supplied in a market
B.
an ongoing condition of limited resources to meet unlimited needs and wants
C.
too many businesses selling a product and not enough people who want to buy it
D.
a situation in which people need to be very careful with what they have because they might not be able to afford more

2 Answers

2 votes

Answer:

the correct answer is (A)

Step-by-step explanation:

User ULYsseus
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4 votes

I think the answer is A.

User Praveen Govind
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