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-What Happens as the Result of a Shortage

question 424

Multiple Choice

  -What happens as the result of a shortage? A)  There is downward pressure on prices. B)  There is upward pressure on prices. C)  Consumers begin to view the good as an inferior good because they have a hard time finding it. D)  Supply of the good decreases.
-What happens as the result of a shortage?


Definitions:

Natural Selection

The process by which organisms that are better adapted to their environment tend to survive and produce more offspring, a key mechanism of evolution.

Beak Size

The physical measurement of the length or depth of a bird's beak, which can influence its ability to feed and mate.

Fossil Record

The collection of all known fossils and their placement in chronological order, providing evidence about the history of life on Earth.

Gape Width

The maximum opening distance of the mouth of an animal, often relevant in the context of feeding habits and prey capture.

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