Social Studies
Social Studies, 28.08.2019 06:30, TylieW

In economic language, a shortage is best defined as
a.
a situation in which the demand for a good or service is greater than the amount supplied in a market
b.
an ongoing condition of limited resources to meet unlimited needs and wants
c.
too many businesses selling a product and not enough people who want to buy it
d.
a situation in which people need to be very careful with what they have because they might not be able to afford more

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Answers: 2

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In economic language, a shortage is best defined as
a.
a situation in which the demand...

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