Ask Question
8 April, 17:22

How is it possible to change a shortage into a surplus without changing either demand or supply

+5
Answers (1)
  1. 8 April, 18:41
    0
    In this situation, excess supply has exerted downward pressure on the price of the product. A Market Shortage occurs when there is excess demand - that is quantity demanded is greater than quantity supplied. In this situation, consumers won't be able to buy as much of a good as they would like.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “How is it possible to change a shortage into a surplus without changing either demand or supply ...” in 📘 Social Studies if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers