A Shortage Exists in a Market If

question 33

Multiple Choice

A shortage exists in a market if

• A)there is an excess supply of the good.
• B)quantity supplied exceeds quantity demanded.
• C)the current price is below its equilibrium price.
• D)All of the above are correct.

---

Definitions:

Transcranial Magnetic Stimulation (TMS)

A noninvasive method used to stimulate small regions of the brain using magnetic fields, often used in treating depression.

Spinal Cord

A long, thin, tubular structure made up of nervous tissue that extends from the medulla oblongata in the brain down to the lower back, acting as a major part of the central nervous system.

Brain

The organ located in the head of humans and other vertebrates that is the central hub for nervous system activity.

Meninges

The three layers of protective tissue called the dura mater, arachnoid mater, and pia mater that surround the brain and spinal cord.