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Sublight2097 Sublight2097
wrote...
Posts: 4132
8 years ago
We observe evidence of a shortage when we see
A) the quantity purchased is greater than the quantity supplied.
B) the quantity purchased is less than the quantity supplied.
C) nonmonetary costs of acquisition have risen.
D) goods have becomes more scarce.
E) prices have increased suddenly and substantially.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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DropxDropx
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Posts: 1991
8 years ago
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Sublight2097 Author
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8 years ago
Seriously, you've been tremendously helpful! Thank you.
wrote...
8 years ago
Happy to help, let me know if you have any more requests.
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