question 4 of 8\nwhat happens when the demand for a product or service is greater than the supply at the…

question 4 of 8\nwhat happens when the demand for a product or service is greater than the supply at the current market price?\nsurplus\nbalance\nshortage\nequilibrium

question 4 of 8\nwhat happens when the demand for a product or service is greater than the supply at the current market price?\nsurplus\nbalance\nshortage\nequilibrium

Answer

Answer:

C. Shortage

Brief Explanations:

When demand exceeds supply at the current price, not all consumers can get the product or service they want, resulting in a shortage.