Consumers will experience a shortage of products when __ A. the quantity of goods supplied exceeds the quantity demanded C B. the quantity of goods demanded and quantity supplied are equal C. firms price goods too high for market demand D. the quantity of goods demanded exceeds the quantity supplied E. the market hits an equilibrium point

Question

Consumers will experience a shortage of products when __ A. the quantity of goods supplied exceeds the quantity demanded C B. the quantity of goods demanded and quantity supplied are equal C. firms price goods too high for market demand D. the quantity of goods demanded exceeds the quantity supplied E. the market hits an equilibrium point

Answer 1

Consumers will experience a shortage of products when:D. the quantity of goods demanded exceeds the quantity suppliedThis situation occurs when the demand for a product is higher than the supply available, leading to a temporary unavailability of the product in the market.

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