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ehidna [41]
3 years ago
6

A limited amount of goods available means that excess _________

Social Studies
2 answers:
STALIN [3.7K]3 years ago
8 0
<span>The correct answer is "excess demand". If the demand increases much more than the supply provided on the market, there will be an inevitable marketing disequilibrium. The supply will also forcibly become limited to advantageously raise their price.</span>
Alex3 years ago
3 0

A limited amount of goods available means that excess demand is occurring. In this economic situation the market demand for a commodity is greater than its market supply.  This is causing the market price to rise. It is also referred to as a disequilibrium condition because the quantity demanded is greater than the quantity supplied.

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