Hoarding of essential goods in the market creates

Surplus

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Abundant

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Sufficient

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Artificial scarcity

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Solution

The correct option is D
Artificial scarcity

Excess demand is sometimes artificially created by hoarders. They stockpile commodities and do not release them to the market. This is called artificial scarcity.

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Similar questions

Q. Hoarding creates artificial scarcity.

Who faces a number of problems which include the non-availability of goods, adulteration, hoarding, black marketing, deceptive and misleading selling techniques?

Which of the following qualitative methods check the hoarding of essential commodities?

Q. Hoarding of goods is a _____.

Q. Prices of essential goods are decided by the Government, and prices of normal goods are decided by the market forces of demand and supply. This concept is called.

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Hoarding of essential goods in the market creates

The correct option is D Artificial scarcity Excess demand is sometimes artificially created by hoarders. They stockpile commodities and do not release them to the market. This is called artificial scarcity.

The correct option is D
Artificial scarcity

Excess demand is sometimes artificially created by hoarders. They stockpile commodities and do not release them to the market. This is called artificial scarcity.