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When a shortage​ arises, the price​ ______ to its​ equilibrium, which​ _______?

When a shortage​ arises, the price​ ______ to its​ equilibrium, which​ _______?
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When a shortage​ arises, the price​ ______ to its​ equilibrium, which​ _______?

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User Aravind Bharathy
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1 Answer

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When a shortage arises, the price rises to it's equilibrium which decreases the quantity demanded and increases the quantity supplied.
answered
User Tuomas Pelkonen
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