Fifty new food businesses have entered the food market. The supply of food at each price level will _____. increase decrease sta
y the same
2 answers:
Answer:
The real answer is that it would be A. INCREASE
Explanation:
Options B. and C. were both incorrect.
decrease
Shortage<span> is a situation in which quantity demanded is greater than quantity supplied.</span>
When quantity supplied is equal to quantity demanded, it is called equilibrium of demand. Both supply and demand are equal.
<span>When quantity supplied is greater than quantity demanded, it is called surplus. Excess supply of goods are called surplus.</span>
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