Shortage occurs
A quantity supplied is more than quantity demanded its called A Surplus.
Excess supply.
it is called a shortage
could be shortage
Quantity demanded is less than quantity supplied.
A quantity supplied is more than quantity demanded its called A Surplus.
Excess supply.
Excess supply.
it is called a shortage
could be shortage
could be shortage
Quantity demanded is less than quantity supplied.
quantity supplied is less than quantity demanded
quantity supplied is less than quantity demanded
the price increase
Quantity demanded is less than quantity supplied.
Quantity demanded will be more than the quantity supplied.