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Sindrei [870]
3 years ago
12

What does shortage mean in economics

History
2 answers:
Evgesh-ka [11]3 years ago
8 0

Answer:

A shortage, in economic terms, is a condition where the quantity demanded is greater than the quantity supplied at the market price. There are three main causes of shortage—increase in demand, decrease in supply, and government intervention.

Explanation:

Lostsunrise [7]3 years ago
4 0

Answer:

See explanation

Explanation:

A shortage is where demand for a product/service is higher than the supply. This is a form of disequilibrium as supply and demand are not equal.

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Hello. You forgot to enter the answer options. The options are:

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Answer:

Each day we move closer to death.

Explanation:

The verse of "A Psalm of Life" by Henry Wadsworth Longfellow shows that our life is finite and that each day lived is one day less, because although we make art, we get emotional, we do fun things that fill our hearts with joy and happiness , each beat of our heart is one beat less in the time that we are left alive, leaving us closer and closer to death.

This is very evident in the line "[Our hearts] are beating Funeral marches to the grave."

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