Economic shortage is a term describing a disparity between the amount demanded for a product or service and the amount supplied in a market. Specifically, a shortage occurs when there is excess demand; therefore, it is the opposite of a surplus.

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  • Economic shortage is a term describing a disparity between the amount demanded for a product or service and the amount supplied in a market. Specifically, a shortage occurs when there is excess demand; therefore, it is the opposite of a surplus. Economic shortages are related to price—when the price of an item is "too low," there will be a shortage. In most cases, a shortage will compel firms to increase the price of a product until it reaches market equilibrium. Sometimes, however, external forces cause more permanent shortages—in other words, there is something preventing prices from rising or otherwise keeping supply and demand unbalanced.In common use, the term "shortage" may refer to a situation where most people are unable to find a desired good at an affordable price. In the economic use of "shortage", however, the affordability of a good for the majority of people is not an issue: If people wish to have a certain good but cannot afford to pay the market price, their wish is not counted as part of demand. (en)
  • 經濟短缺是形容商品與服務的需求與市場供給之間的差異。具體來說，需求出現的時候便會產生短缺；所以它是與剩餘相反。 經濟短缺關係到價格—當商品價格太低時，短缺便會出現。在一些事例，短缺會使工商業提升商品的價格以達到經濟均衡。但是有時候外在的因素會導致更長久的短缺—換句話說，有些因素阻礙了價格的供給與需求的平衡。 在常見的用途中，「短缺」一詞說明大多數人在尋找商品時不能夠找到他們能夠負擔的價錢。但是在經濟中，一樣商品的價錢可否被大眾支付並不是一個要點：如果人們想擁有一樣商品但沒有足夠的金錢支付，他們的欲望都不算是需求。 (zh)
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  • Economic shortage is a term describing a disparity between the amount demanded for a product or service and the amount supplied in a market. Specifically, a shortage occurs when there is excess demand; therefore, it is the opposite of a surplus. (en)
  • 經濟短缺是形容商品與服務的需求與市� �供給之間的差異。具體來說，需求出現的時候便會產生短缺；所以它是與剩餘相反。 經濟短缺關係到價� �—當商品價� �太低時，短缺便會出現。在一些事例，短缺會使工商業提升商品的價� �以達到經濟均衡。但是有時候外在的� � 會導致更長久的短缺—換句話說，有些� � 阻礙了價� �的供給與需求的平衡。 在常見的用途中，「短缺」一詞說明大多數人在尋找商品時不能� 找到他們能� � 擔的價錢。但是在經濟中，一樣商品的價錢可否被大眾支付並不是一個要點：如果人們想擁有一樣商品但沒有足� 的金錢支付，他們的欲望都不算是需求。 (zh)
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  • Economic shortage (en)
  • 經濟短缺 (zh)
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