A Shortage Exists

question 163

Multiple Choice

A shortage exists

• A) in equilibrium.
• B) when quantity supplied is greater than quantity demanded.
• C) when quantity supplied is less than quantity demanded.
• D) at the market clearing price.

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Definitions:

Investors

Investors are individuals or entities that allocate capital with the expectation of receiving financial returns, commonly through the buying of stocks, bonds, or other investment instruments.

Creditors

Individuals or institutions to whom money is owed by a debtor, typically arising from the provision of goods, services, or loans.

Asset

Resources owned by a company or individual that are expected to bring future economic benefits.

Liability

A financial obligation of a business that it is required to repay in the future.