Consumers want more video-game systems than the company can make.
A child charges friends for a ride on his new bike.
there is no surplus or shortage
There is no surplus or shortage
There is no surplus or shortage
The term "shortage" is used to describe a situation where there is a lack of something. For example, during a drought, the newspapers would report this as a "water shortage".
shortage
A shortage occurs when the quantity demanded for a good or service exceeds the quantity supplied at a given price, leading to a situation where not all consumers are able to purchase the product they desire. This can result in price increases as sellers try to balance the demand and supply.
A shortage occurs when quantity demand exceeds quantity supplied. A surplus occurs when quantity supplied exceeds quantity demanded.
A water shortage occurs when there is to little water or too great a demand in an area- or both.
when shortage in the supply of products occurs, advertising often disappears into the background. eg. petroleum
A water shortage occurs when there is to little water or too great a demand in an area- or both.
Shortage
Shortage