A ««1«« price that is set lower than the market equilibrium will create a ««2«« of the product, whereas a ««3«« price set above the market equilibrium will create a ««4«« of the product. Which words fill gaps 1, 2, 3 and 4?
- A1: maximum; 2: shortage; 3: minimum; 4: surplus
- B1: maximum; 2: surplus; 3: minimum; 4: shortage
- C1: minimum; 2: shortage; 3: maximum; 4: surplus
- D1: minimum; 2: surplus; 3: maximum; 4: shortage