shortage Definition and 1 Threads

In economics, a shortage or excess demand is a situation in which the demand for a product or service exceeds its supply in a market. It is the opposite of an excess supply (surplus).

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  1. kyphysics

    Hoarding Due to Labor Strikes

    My cousin called me from Sacramento, CA and said super markets and big box stores are out of toilet paper and certain brands of bottled water cannot be found. Other necessities were also missing. Here in Virginia, my local Costo was packed with people also buying up all toilet paper. Lines...
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