One Benefit of Shortages Is That They Eliminate Competition Since

question 289

True/False

One benefit of shortages is that they eliminate competition since buyers cannot compete for goods by paying higher prices.

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Definitions:

Filament

A slender threadlike object or fiber, often part of a larger structure, used notably in light bulbs and some biological structures.

Manufacturers

Companies or individuals that produce finished goods from raw materials on a large scale.

Past Participle

The form of a verb, typically ending in -ed in English, used to form perfect tenses and passive forms.

Carbide Filament

A type of filament used in light bulbs, made from carbon and tungsten, known for its durability and high melting point.