asked 4.6k views
0 votes
A shortage will develop when

asked
User Johanne
by
7.5k points

2 Answers

4 votes

Answer:

>>>The market price is below the equilibrium price

Step-by-step explanation:

A shortage will develop when _____.

the government provides subsidies to producers

>>>The market price is below the equilibrium price

the quantity supplied of a good is greater than the quantity demanded of that good

the equilibrium quantity supplied is lower than the actual quantity supplied

3 votes

A shortage will develop when the market price is below the equilibrium price.

answered
User Johan Lundquist
by
7.8k points

No related questions found