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When Would Suppliers Recognize There Is a Shortage in the Market

Question 121

Multiple Choice

When would suppliers recognize there is a shortage in the market for their product?  


A)  when they notice that the quantity supplied exceeds the quantity demanded 
B)  when they notice that the quantity demanded is falling 
C)  when they notice that inventories are falling 
D)  when they notice that production exceeds new orders for the product

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