lildukes7727 lildukes7727
  • 04-07-2021
  • Business
contestada

If aggregate quantity demanded is greater than aggregate quantity supplied at a particular price level, then

Respuesta :

Priatouri Priatouri
  • 05-07-2021

Answer:

Shortage

Explanation:

Then it is a situation of shortage because when there is more demand but supply is less then the difference between the demand and supply is called the shortage. Thus, excess demand over supply creates the shortage in the market.

Answer Link

Otras preguntas

An essay ending with the expression thank God it was all a dream
Which of the following perspectives on consumer decision making is most closely associated with the economics of information approach to the search process, ass
simplify the expression
In the 19th century why was it more necessary for art to provide accurate representations of life and objects
QUESTION 1 Culture is a shared experience that is: a. static in that it remains identical, consistent, and uncontested over time b. completely unique to human
With regard to health and safety at workplace, _____ can be defined as the probability of harm. a. obstacles b. impediments c. risks d. barriers
What is a "bread-winner' ?
Angles ∠ABC= x and ∠CBD=(2y+4) are complementary. ∠CBD and ∠DBE=(3y+x) are supplementary.
The angle of elevation of a ladder leaning against a wall is 60 degree and the foot of the ladder is 4.6 m away form the wall.The length of the ladder is
2. Sue is buying a 13-pound mixture of gummy candy, jelly beans, and hard candy. The cost of gummy candy is $1.20 per pound, jelly beans cost $2.00 per pound,