When a market is experiencing a shortage, or "excess demand":
A. in the typical warehouse for that item, inventory is unintentionally rising.
B. the equilibrium price is higher than the current market price.
C. the quantity supplied is less than the quantity demanded.
Ans: B. the equilibrium price is higher than the current market price.
Business
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Refer to the diagram below, where the numbers next to the arrows refer to the number of days required for completion of the corresponding activity. What is the critical path?
A) A-B-D-F
B) A-C-E-F
C) A-B-D-E-F
D) A-C-B-D-F
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