A temporary period in which something wanted or needed is unavailable is known as a(n)
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Answer:
the answer is shortage
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A temporary period in which something wanted or needed is unavailable is known as a shortage.
Explanation:
- Throughout economics, a scarcity or excess demand is a condition where the demand for a product or service in a sector exceeds the availability.
- There is a scarcity when more people are interested in buying a products at the present market cost than what is available. The main reasons for the shortage is increasing in demand and decrease in supply.
Learn more about demand
Give reason "Demand for goods having snob appeal is inelastic demand".
https://brainly.in/question/6737375
Give 2 reasons for the shift in demand curve to the left
https://brainly.in/question/2314643
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