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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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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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Jan 27, 2016
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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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Pavel Paulau
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Answer:
C) shortage
Explanation: I took the test
Hsnkvk
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Jan 29, 2016
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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
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Feb 1, 2016
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