3 years ago

Which describes a situation in which a shortage occurs?

Business

2 answers:

Vaselesa [24]3 years ago

6 0

Consumers want more video-game systems than the company can make.

Dvinal [7]3 years ago

6 0

The correct answer is A. Consumers want more video-game systems than the company can make.

Explanation:

In the economy and related fields, a shortage occurs if the supply (units of a product available) is lower than the demand (consumers that want the product); this implies, the quantity of a product is not enough, and therefore just some consumers will be able to buy the product even if all want this product and can pay for it.

This situation occurs in "Consumers want more video-game systems than the company can make" because in this case, the number of consumers (demand) is higher than the number of video-game systems (supply) and therefore not all the possible consumers can have this product.

You might be interested in

Intermediaries are defined as Multiple Choice companies responsible for developing products to sell to businesses. organizations

weqwewe [10]

Answer:

organizations that are in the middle of a series of organizations that distribute goods from producers to consumers.

Explanation:

Intermediaries can be described as middlemen. They enhance the flow of goods and services between the producer and the consumer.

They are organizations that are in the middle of a series of organizations that distribute goods from producers to consumers.

Types of Intermediaries

agents
wholesalers
distributors
retailers.

Advantages of Intermediaries

They increase efficiency of the distribution process
they provide logistics support

Disadvantage of Intermediaries

they can increase the cost of a good

6 0

2 years ago

Jane decided to incorporate her business under the name of Star, Inc. Before Star was incorporated, Jane signed a contract with

BARSIC [14]

Answer:

D. Star will be liable on the contract only if it adopts the contract.

Explanation:

7 0

2 years ago

The term for a rise in prices of general consumer goods is

skad [1K]

C. Inflation

If you require clarification on why, feel free to comment!

3 0

3 years ago

What is the correct order that the four parts of a cover letter should appear in? a. Introduction, Heading, Argument, Closing b.

NemiM [27]

I’m thinking (a., because im pretty sure you need to have the heading before make an argument.

6 0

2 years ago

Explain how a country with few natural resources can still have economic growth.

valina [46]

They can import and then industrialize.

5 0

3 years ago