shortagea condition under that the quantity
Shortage
A condition under that the quantity demanded for a good or service exceeds the available supply for that good or service. Shortages usually cause a rise in price to restore market equilibrium in the short term.
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sole proprietorshipthis business form is the legal default form for any person who makes no effort to organize the business otherwise but does
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shortagea condition under that the quantity demanded for a good or service exceeds the available supply for that good or service shortages usually
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