Register

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

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
68.8k views
3 votes
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

User Pavel Paulau
by
8.0k points

2 Answers

2 votes

Answer:

C) shortage

Explanation: I took the test

User Hsnkvk
by
8.2k points
4 votes
The answer is C.shortage because higher demand correlates to lack of goods which in turn can be defined as a shortage
User Mikelovelyuk
by
8.6k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

Who made dutch claims in north america?
How did world war 1 affect the racial and ethnic makeup of american cities
What was an effect of nationalism in Europe in the early 1900s?
Link Copied!