13.3k views
4 votes
Which of the following is a way of allocating necessary goods when they are in short supply?

User Darklow
by
5.2k points

1 Answer

2 votes

Answer:

shortage

Step-by-step explanation:

When the price of a good is too low, a shortage results when buyers want more of the good than sellers are willing to supply at that price.

User Jack Averill
by
5.5k points