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ludmilkaskok [199]
3 years ago
14

What is a sudden shortage of a good called?

History
1 answer:
OleMash [197]3 years ago
6 0

Option “A” Supply shock is the correct answer because supply shock refers to a sudden fall in the availability of quantity which is basically caused by changes in price. However, the supply shocks can be negative and positive. The negative supply shocks represent the shortages of the commodity. The sudden fall in production increases the price of commodity.

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