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  3. Study Set
    Essentials of Economics Study Set 4
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    Exam 3: Supply and Demand
  5. Question
    A Market Shortage Is
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A Market Shortage Is

Question 3

Question 3

Multiple Choice

A market shortage is:


A) Equal to the quantity supplied.
B) Caused by a price ceiling.
C) Caused by scarce resources.
D) Caused by a price floor.

Correct Answer:

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