In the Long Run If There Is a Shortage in the Market

Multiple Choice

In the long run if there is a shortage in the market for a product,the guiding (allocation) function of price can be expected to cause

A) an increasing shift in the demand for the product.
B) a decreasing shift in the demand for the product.
C) an increasing shift in the supply of the product.
D) a decreasing shift in the supply of the product.