Question

A shortage will develop when _____. 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 the government provides subsidies to producers

Answer 1

Answer:the market price is below the equilibrium price.

Step-by-step explanation:

Answer 2

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

In economics, the equilibrium price is when the quantity of goods supplied are equal to the quantity of goods demanded. There's a shortage when the price is below because there is not enough goods to supply what is demanded of the product.