A shortage occurs when - 11554

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yousafbhutta

yousafbhutta

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  • From: , Microeconomics
  • Posted on: Sun 24 Jun, 2012
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Request Description

A shortage occurs when

 

  •  demand is greater than supply.
  •  the equilibrium price is too high.
  •  quantity demanded exceeds quantity supplied.
  •  quantity supplied exceeds quantity demanded.
Solution Description

 

A shortage occurs when