If There Is a Shortage in a Market

question 11

Multiple Choice

If there is a shortage in a market:

• A) The price is likely to increase.
• B) The supply curve is likely to shift outwards.
• C) Demand will shift outwards.
• D) The price will fall.

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Definitions:

Anti-smoking Media Campaigns

Public health campaigns conducted through various media channels to discourage smoking by raising awareness about its risks and consequences.

U.S. Smoking Rates

The prevalence or percentage of smoking individuals within the United States, often measured to track trends and effects of public health interventions.

Ethnic Groups

Communities of people who share a common cultural background, ancestry, or national history.

Protective Factors

Elements or conditions in individuals' lives that help them to more effectively deal with stressful events and mitigate potential harm.