A higher demand for a good or service than what is currently available in the market is the definition of __________. A. surplus B. scarcity C. shortage D. supply

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asked Jan 27, 2016 68.8k views

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A higher demand for a good or service than what is currently available in the market is the definition of __________. A. surplus B. scarcity C. shortage D. supply

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high-school

Pavel Paulau asked

by Pavel Paulau

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Answer:

C) shortage

Explanation: I took the test

Hsnkvk answered Jan 29, 2016

by Hsnkvk

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The answer is C.shortage because higher demand correlates to lack of goods which in turn can be defined as a shortage

Mikelovelyuk answered Feb 1, 2016

by Mikelovelyuk

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