A shortage will exist if:
a) there are not enough consumers.
b) the price is below the equilibrium price.
c) the price is above the equilibrium price.
d) there are not enough producers.
e) demand decreases.
Answer: b) the price is below the equilibrium price.
Business
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A. Business-facing processes B. Industry-specific customer facing processes C. Customer-facing process D. Industry-specific business-facing processes
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Shareholder approval is not required to make any changes in a corporation
Indicate whether the statement is true or false
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