When quantity demanded in a market is more than the quantity supplied, _____ occurs. A. a surplus B. an equilibrium C. a shortage D. a production possibility

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Tokunbo · Answer 1 · 2016-09-14T21:23:34+0000

when the demand is bigger than the supply, a shortage occurs (option C). - a shortage is when there is not enough of a certain good, such as of toilet paper in Communist Eastern Europe in the 80s.

When quantity demanded in a market is more than the quantity supplied, _____ occurs. A. a surplus B. an equilibrium C. a shortage D. a production possibility

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