A Shortage Will Occur Whenever

question 161

Multiple Choice

A shortage will occur whenever

• A)the supply curve is upward sloping.
• B)price is set equal to the equilibrium price.
• C)price is set below the equilibrium price.
• D)price is set above the equilibrium price.

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Definitions:

Popliteal

Pertaining to the area behind the knee where ligaments, vessels, and muscles are located.

Pleural Body Cavity

A fluid-filled space that surrounds the lungs, allowing them to expand and contract without friction, part of the thoracic cavity.

Ventral Body Cavity

A large body cavity in humans and many animals that houses organs in the chest and abdomen, separated by the diaphragm.

Dorsal Body Cavity

A fluid-filled space within the body that houses the central nervous system, including the brain and spinal cord.