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The concept of degree rationing explains the shortage of qualified workers in which occupation?

Sagot :

A market condition existing at any price where the quantity supplied is less than the quantity demanded.

As an example, call for for a new automobile that a manufacturer can not satisfy. - decrease in deliver — takes place delivery delvery good dropsod drops. for instance, an epidemic among pigs means lots of them should be euthanized, creating a shortage of pork products.

A shortage is a situation in which the amount demanded is extra than the amount supplied at the market rate. There are three primary reasons for shortage—the increase in demand, lower in supply, and government intervention. Shortage , as it's miles used in economics, needs to not be confused with "scarcity."

Learn more about shortage here: https://brainly.com/question/1451952

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