-What Happens as the Result of a Shortage

question 424

Multiple Choice

-What happens as the result of a shortage?

• A) There is downward pressure on prices.
• B) There is upward pressure on prices.
• C) Consumers begin to view the good as an inferior good because they have a hard time finding it.
• D) Supply of the good decreases.

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Definitions:

Connective Tissue

Body tissue that plays a role in supporting, linking, or segregating various tissues and organs.

Muscle Tissue

A tissue composed of fibers capable of contracting to produce movement in the body.

Skin Wound

A physical injury to the skin that results in damage, such as a cut, burn, or laceration.

Subcutaneous Adipose Tissue

refers to the layer of fat cells below the skin that provides insulation, energy storage, and protection.