Multiple Choice
-Which of the following situations could generate a shortage?
A) Demand for a good increases, resulting in a new higher market clearing price.
B) Demand for a good decreases, resulting in a new lower market clearing price.
C) Demand for a good increases, but the price is not permitted to rise.
D) Demand for a good decreases, but the price is not permitted to fall.
Correct Answer:

Verified
Correct Answer:
Verified
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