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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

User WhiteHat
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1 Answer

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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.
User Tokunbo
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