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Translation and analysis of words by ChatGPT artificial intelligence
On this page you can get a detailed analysis of a word or phrase, produced by the best artificial intelligence technology to date:
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What (who) is shortage model - definition
HUMAN-MADE SCARCITY
False shortage; Fake shortage; False scarcity
![A [[production–possibility frontier]] showing trade-offs](https://commons.wikimedia.org/wiki/Special:FilePath/Ppfofdigitalinformation.gif?width=200 "A [[production–possibility frontier]] showing trade-offs")
shortage
![A 2014 image of product [[shortages in Venezuela]]](https://commons.wikimedia.org/wiki/Special:FilePath/Escasez en Venezuela, Central Madeirense 8.JPG?width=200 "A 2014 image of product [[shortages in Venezuela]]")
ECONOMIC DEMAND THAT EXCEEDS SUPPLY
Labor shortage; Labour shortage; Skills shortage; Economic shortage; Shortages; Material shortage; Hiánygazdaság; Hianygazdasag; Labor scarcity; Excess demand; Shortage economies; Gospodarka niedoboru; Short supply; Skills shortages; Scarcity of labour; Shortage (economics); Slim pickings; Lack of workers; Shortage of labor
(shortages)
Frequency: The word is one of the 3000 most common words in English.
If there is a shortage of something, there is not enough of it.
A shortage of funds is preventing the UN from monitoring relief...
Vietnam is suffering from food shortage...
N-VAR: usu with supp, N of n, n N
Shortage
ECONOMIC DEMAND THAT EXCEEDS SUPPLY
Labor shortage; Labour shortage; Skills shortage; Economic shortage; Shortages; Material shortage; Hiánygazdaság; Hianygazdasag; Labor scarcity; Excess demand; Shortage economies; Gospodarka niedoboru; Short supply; Skills shortages; Scarcity of labour; Shortage (economics); Slim pickings; Lack of workers; Shortage of labor
·noun Amount or extent of deficiency, as determined by some requirement or standard; as, a shortage in money accounts.
Short Supply
ECONOMIC DEMAND THAT EXCEEDS SUPPLY
Labor shortage; Labour shortage; Skills shortage; Economic shortage; Shortages; Material shortage; Hiánygazdaság; Hianygazdasag; Labor scarcity; Excess demand; Shortage economies; Gospodarka niedoboru; Short supply; Skills shortages; Scarcity of labour; Shortage (economics); Slim pickings; Lack of workers; Shortage of labor
Commodities in short supply may be subject to export controls to protect the domestic economy from the excessive drain of scarce materials and to reduce the serious inflationary impact of satisfying foreign demand. Items that the U.S. controls for short supply purposes include petroleum and petroleum products, unprocessed western red cedar, and shipment of horses by sea. The controls are included in the Export Administration Regulations.
Wikipedia
Artificial scarcity
Artificial scarcity is scarcity of items despite the technology for production or the sufficient capacity for sharing. The most common causes are monopoly pricing structures, such as those enabled by laws that restrict competition or by high fixed costs in a particular marketplace. The inefficiency associated with artificial scarcity is formally known as a deadweight loss.
