Question

Shortage is __?

A.) situation in which quantity supplied is greater than quantity demanded?

B.) the point at which quantity demanded and quantity supplied are equal

C.) the financial and opportunity costs consumers pay when searching for a goal or service

D.) a situation in which quantity demanded is greater than quantity supplied

Answer 1

D.) a situation in which quantity demanded is greater than quantity supplied

Step-by-step explanation:

i looked it up

Answer 2

The answer is D.

Step-by-step explanation:

This is because there is not enough supply to account for the demand, which is higher. For example, if you want to buy a specific shirt at a store, but they're out of that kind, then there is a shortage, where the demand is higher than the supply (which is 0).