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