Multiple Choice
If a market reflects a shortage and prices are allowed to move:
A) supply will increase.
B) demand will decrease.
C) price will decrease.
D) price will increase.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q125: A shift in the demand curve to
Q126: The price of eggs might go up
Q127: A market surplus occurs if the:<br>A) price
Q128: Use the following to answer question(s): Demand
Q129: Use the following to answer question(s): Demand
Q131: Use the following to answer question(s): The
Q132: Use the following to answer question(s): Demand
Q133: Every day for the past two years
Q134: Use the following to answer question(s): Demand
Q135: The slope and location of the demand