What is a sudden shortage of a good called?

1 answer:

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.

You might be interested in

During World War II, Mexican workers came to the United States as part of the . program.

Nookie1986 [14]

bracero or laborer progam

5 0

3 years ago

Read 2 more answers

In which sentence does the underlined noun clause function as a direct object

Nimfa-mama [501]

What are the followings?

7 0

3 years ago

The Neolithic Revolution refers to the creation all of the following cultural aspects except

Art [367]

The correct answer is d. hunting -gathering.

Hunting and gathering was already existing before this : in fact the neolithic revolution was going away from this lifestyle and starting farming and domestication of animals.

4 0

2 years ago

Read 2 more answers

Hy did American Indians who lived in dry areas make knives from flint rather than slate?

Serga [27]

Because Slate was more common in wet microclimates.

Hope I Helped :)

5 0

2 years ago

What were some ways political machines hurt cities?

jeka57 [31]

The ways political machines hurt cities are People without ability or experience became officials. Option A. This is further explained below.

<h3>What are political machines?</h3>

Generally, political machines are simply defined as the United States: a Party Organization Headed by One Person or a Small Autocratic Group That Commands Sufficient Votes to Retain Its Position as the Party's Official Opposition

In conclusion, A few of the ways in which political machinery damage urban areas include Those who lacked talent or experience and were elevated to high positions of authority.