A shortage exists when the quantity demanded is greater than the quantity supplied.
<h3>What is
shortage ?</h3>
- Shortage means that the Seller does not have sufficient quantities of the Products at the Delivery Location due to lost or failed quantity shipments, exhausted inventory, or for any reason unable to ship the Products to the Delivery Location. .
- Examples of shortage are food, water, energy and labor.
- Changes in demand or supply can occur for a variety of reasons.
- Not all are related to price changes.
- Rarity and rarity are two different things, and certain economic rarity characteristics set them apart.
- From an economic point of view, a bottleneck occurs when demand exceeds supply.
- Supply and demand must match in order for the market to remain in equilibrium.
- Otherwise, there will be excess and deficiency.
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Answer:
C. An enterprise zone
Explanation:
An enterprise zone is a geographical location set up by the government of that location in which companies and businesses can enjoy a variety subsidies like reduction in taxes and resource inputs used. The idea of this is to encourage businesses to stay and revitalize their business or encourage growth of new businesses.
Answer:
The weighted-average unit contribution margin is $7.40
Explanation:
The weighted average unit contribution margin is given by the below formula:
weighted-average unit contribution margin=Wa*Margin of A+Wb*Margin of B
Wa is the weight of product A=70% or 0.70
Margin of product A is $8.04
Wb is the weight of product B =30% or 0.30
Margin of product B is $5.92
weighted-average unit contribution margin=(0.70*$8.04)+(0.30*$5.92)
weighted-average unit contribution margin=$ 7.40
