When There Is a Shortage in the Market, the Quantity

question 29

Multiple Choice

When there is a shortage in the market, the quantity sold is

• A) greater than the quantity supplied.
• B) equal to the quantity supplied.
• C) less than the quantity supplied.
• D) less than the quantity bought.

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Definitions:

Voltage Across

The potential difference in electric potential between two points in an electrical circuit.

Voltage Polarity

The polarity of the voltage at a particular point in a circuit. Generally of concern in direct current circuits.

Current Flow

The flow of electric charge carriers like electrons through a conductor or space.

Power Dissipation

The conversion of electrical energy into heat in various components of a circuit, often leading to energy loss.