Economy, asked by nahseez8433, 9 months ago

A temporary period in which something wanted or needed is unavailable is known as a(n)

Answers

Answered by chelync00
2

Answer:

the answer is shortage

Explanation: i took the test and it was right

Answered by gratefuljarette
0

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.

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