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When quantity demanded in a market is more than the quantity supplied, _____ occurs. A. a surplus B. an equilibrium C. a shortage D. a production possibility
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Sep 10, 2016
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When quantity demanded in a market is more than the quantity supplied, _____ occurs.
A. a surplus
B. an equilibrium
C. a shortage
D. a production possibility
Social Studies
high-school
WhiteHat
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when the demand is bigger than the supply, a shortage occurs (option C). - a shortage is when there is not enough of a certain good, such as of toilet paper in Communist Eastern Europe in the 80s.
Tokunbo
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Sep 14, 2016
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