Question: 1.When quantity demanded exceeds quantity supplied, a occurs, putting pressure on the price. a. shortage; upward b. shortage; downward c. surplus; upward d. surplus; downward

1.When quantity demanded exceeds quantity supplied, a occurs, putting pressure on the price.

a. shortage; upward

b. shortage; downward

c. surplus; upward

d. surplus; downward

2.Which event would increase the supply of pork sausage?

a. a news release that provides details about the ingredients in pork sausage

b. an increase in the number of chicken sausage buyers

c. a decrease in the price of ingredients used to produce sausage

d. an increase in the number of pork sausage buyers

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