a market shortage results from an excess of quantity over quantity at a given price. (insert one word in each blank.)

Answers

Answer 1

A surplus of quantity demanded leads to a shortfall.

How would you define shortage?

A shortage occurs when there is an imbalance between supply and demand for a good or service. The economy is considered to be in a condition of disequilibrium when this happens. This circumstance often only lasts a short while before the product is supplied and the market returns to normal. In terms of economics, a shortfall or excess demand occurs when the demand for a good or service in a market outweighs the supply. It is the antithesis of an abundance of something.

To know more about shortage visit:

https://brainly.com/question/28457260

#SPJ1

Related Questions

true/false. the birth of information technology such as texting and email is giving firms and employees increased flexibility to choose while staying competitive.

Answers

It is True that the birth of information technology such as texting and email is giving firms and employees increased flexibility to choose while staying competitive.

The birth of information technology has given firms and employees increased flexibility to choose while staying competitive. Information technology is the use of computers, software, and other electronic devices to manage information. Information technology has allowed firms to streamline their operations, reduce costs, and increase productivity.

With the advent of email and texting, communication between employees has become more efficient and convenient than ever before. This has allowed firms to stay competitive in a fast-paced business environment. Additionally, information technology has allowed employees to work remotely, which has given them greater flexibility in choosing where and when to work.

For example, employees can now work from home, which can help reduce the costs associated with commuting and childcare. Furthermore, information technology has allowed firms to stay competitive by allowing them to quickly respond to changes in the market. For example, firms can use data analytics to analyze customer behavior and adjust their marketing strategies accordingly.

Finally, information technology has also allowed firms to create new products and services that would have been impossible before. For example, the development of smartphones has created a new market for mobile applications. Overall, the birth of information technology has had a profound impact on firms and employees, giving them increased flexibility to choose while staying competitive.

For similar question on "Information Technology" :

https://brainly.com/question/4903788

#SPJ11

Other Questions

if (20x+10) and (10x+50) are altenative interior angle then find x which of these reasons might result in the modern (human) development of a floodplain? (select all that apply.) a rectangular swimming pool 50 ft long, 30 ft wide, and 8 ft deep is filled with water to a depth of 6 ft. use an integral to find the work required to pump all the water out over the top. (take as the density of water lb/ft. ) Operacin de vectores Which of the following is the best example of an adaptation that improves an organism's "fitness"?A. Dark-colored lizards living on light rocks.B. A thick coat of fur on animals living in the hot desert.C. Lizards with sticky toe pads live among tall trees. Complete the below table to calculate the price of a $1.5 million bond issue under each of the following independent assumptions (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.Enter your answers in whole dollars.):1.Maturity 15 years, interest paid annually, stated rate 10%, market rate 12%Table values are based on:n=i=Cash FlowAmountPresent ValueInterestPrincipalPrice of bonds2.Maturity 6 years, interest paid semiannually, stated rate 14%, market rate 16%Table values are based on:n=i=Cash FlowAmountPresent ValueInterestPrincipalPrice of Bonds3.Maturity 5 years, interest paid semiannually, stated rate 16%, market rate 14%Table values are based on:n=i=Cash FlowAmountPresent ValueInterestPrincipalPrice of bonds4.Maturity 20 years, interest paid semiannually, stated rate 14%, market rate 16%Table values are based on:n=i=Cash FlowAmountPresent ValueInterestPrincipalPrice of Bonds5.Maturity 20 years, interest paid semiannually, stated rate 14%, market rate 14%Table values are based on:n=i=Cash FlowAmountPresent ValueInterestPrincipalPrice of bonds In the workplace, leaders at every level and in every department are important if the company is going to succeed.TrueFalse(THIS IS CAREER EXPLORATION!!!) you conducted a tlc experiment and found that your compound traveled 4.01 cm and the eluting solvent traveled 9.29 cm. what is the rf value for your compound? report your answer to two decimal places (i.e., 0.01). a49Find the measure of a.12772 The equation y = 8x represents therelationship between the amount oftime Shanay takes to weave threadinto fabric and the number of rows.How long will it take Shanay to weave72 rows of fabric at this constant rate? which of the following includes all common types of radioactive decay? a. atomic number, beta particle emission, electron capture B. alpha particle emission, beta particle emission, half-life C. alpha particle emission, beta particle emission, radioactive parent isotope D. alpha particle emission, beta particle emission, electron capture E. alpha particle emission, stable daughter, electron capture what is convergent wind Charged ions such as sodium, potassium, and chloride are called ______. true/false. small claims courts, for the most part, resolve relatively minor disputes with maximum recoveries usually limited to a few hundred dollars at most. Which one of the following compounds behaves as an acid when dissolved in water?A. RaOB. RbOHC. C4H10D. HI _____ is usually preferred when the decisions of a company are very risky and low-level managers lack decision-making skills.Select one:a. Delegation of authorityb. Decentralizationc. Employee empowermentd. Centralizatione. Specialization Often, programmers list the ____ first because it is the first method used when an object is created.a. instanceb. constructorc. accessor In the context of elements of the Committee of Sponsoring Organizations, identify a true statement about information and communications.Multiple ChoiceA. They address the policies and procedures that support the control environment.B. They are directed at supporting the control environment through fair and truthful transmission of information.C. They set the tone of an organization, influencing the control consciousness of its people.D. They are directed at providing assessment capabilities and uncovering vulnerabilities. The Nutty Professor sells cashews for $6.80 per pound and Brazil nuts for $4.20 per pound. How much of each type should be used to make a 35 pound mixture that sells for $5.31 per pound? I NEED YOUR HELP ASAP!!To create a modified box plot for a data set, determine the outliers of the data set and the smallest and largest numbers in the data set that are not outliers. Next, determine the median of the first half of the data set, the median of the entire data set, and the median of the second half of the data set.What are the values that are needed to create a modified box plot for this data set?19, 15, 22, 35, 16, 22, 4, 22, 24, 16, 17, 21Enter your answers in the blanks in order from least to greatest.