a shortage occurs whenever select one or more: a. price is less than equilibrium price b. quantity demanded is less than quantity supplied c. quantity demanded exceeds quantity supplied at the equilibrium price d. goods are scarce e. some of the people who need the product are not willing and able to buy it at the equilibrium price

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04-11-2022
Business

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a shortage occurs whenever select one or more: a. price is less than equilibrium price b. quantity demanded is less than quantity supplied c. quantity demanded exceeds quantity supplied at the equilibrium price d. goods are scarce e. some of the people who need the product are not willing and able to buy it at the equilibrium price

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