A Market Shortage Is

question 43

Multiple Choice

A market shortage is

• A) The amount by which the quantity demanded exceeds the quantity supplied at a given price.
• B) The result of a price floor.
• C) A situation in which producers cannot sell all the goods and services that they are willing and otherwise able to sell.
• D) The amount by which the cost of production exceeds the price of a good. A market shortage is the excess of quantity demanded over quantity supplied.

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Definitions:

Uncertain Information

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Return to Risk Ratio

A financial metric that compares the amount of return gained on an investment to the level of risk taken in achieving that return.

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