Question

which accurately describes a shortage?
o consumer demand for a certain car is greater than the number of cars that can be produced.
o a scarcity of natural resources pushes car companies into researching alternative fuels.
o a car company tries to charge too high a price for a car and has to offer a rebate.
o the cost of producing a car is higher than the sale price of the same car.

Explanation:

A shortage occurs when the quantity demanded of a good or service is greater than the quantity supplied. In the context of cars, consumer demand being higher than production quantity fits this definition. The other options relate to scarcity - a long - term lack of resources, pricing strategies, and cost - price relationships, not shortages.

Answer:

Consumer demand for a certain car is greater than the number of cars that can be produced.