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When the quantity demanded is greater than the quantity supplied what is it?
could be shortage
When quantity demanded is greater than quantity supplied the price will?
the price increase
When quantity supplied is more than quantity demanded its called?
A quantity supplied is more than quantity demanded its called A Surplus.
Condition which the quantity demanded is greater than the quantity supplied?
Shortage of supply, or Excess/surplus of demand
Which represents a shortage in the market Quantity supplied is greater than quantity demanded. Market price is less than equilibrium price. Quantity supplied equals quantity demanded. M?
A shortage in the market occurs when the quantity demanded exceeds the quantity supplied. This typically happens when the market price is set below the equilibrium price, leading to increased demand and insufficient supply to meet that demand. Therefore, the correct representation of a shortage is that the market price is less than the equilibrium price, resulting in a situation where quantity demanded is greater than quantity supplied.
When the quantity demanded is greater than the quantity supplied what is it?
could be shortage
When quantity supplied is greater than quantity demanded there is?
Excess supply.
What is it when the quantity supplied is greater than the quantity demanded?
could be shortage
When quantity demanded is greater than quantity supplied the price will?
the price increase
When quantity supplied is more than quantity demanded its called?
A quantity supplied is more than quantity demanded its called A Surplus.
Condition which the quantity demanded is greater than the quantity supplied?
Shortage of supply, or Excess/surplus of demand
Which represents a shortage in the market Quantity supplied is greater than quantity demanded. Market price is less than equilibrium price. Quantity supplied equals quantity demanded. M?
A shortage in the market occurs when the quantity demanded exceeds the quantity supplied. This typically happens when the market price is set below the equilibrium price, leading to increased demand and insufficient supply to meet that demand. Therefore, the correct representation of a shortage is that the market price is less than the equilibrium price, resulting in a situation where quantity demanded is greater than quantity supplied.
When quantity demanded is more than quantity supplied?
Shortage occurs
When a shortage exists?
quantity supplied is less than quantity demanded
When is a shortage in a market?
Quantity demanded is less than quantity supplied.
What is it called when quantity supplied is more than quantity demanded?
Excess supply.
When is there a shortage in a market for a product?
Quantity demanded is less than quantity supplied.
