If a technology company introduces a new gadget to the


Question: If a technology company introduces a new gadget to the market which creates long lines of eager customers at stores, what is true about this market?

a) Supply exceeds demand and a shortage occurs

b) Supply exceeds demand and a surplus occurs

c) Demand exceeds supply and a shortage occurs

d) Demand exceeds supply and a surplus occurs

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Microeconomics: If a technology company introduces a new gadget to the
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