# A new Smart Phone comes on the market. It is determined that a shortage of the Smart Phone exists. This is MOST LIKELY because A) Most consumers do not want the Smart Phone because it is too cheap. B) The producer made too many Smart Phones and there is not enough demand. C) Most consumers buy the Smart Phone because it is priced below the market price. D) The producer did not make enough Smart Phones for all the people who want to buy one.

###### Question:

A new Smart Phone comes on the market. It is determined that a shortage of the Smart Phone exists. This is MOST LIKELY because
A) Most consumers do not want the Smart Phone because it is too cheap.
B) The producer made too many Smart Phones and there is not enough demand.
C) Most consumers buy the Smart Phone because it is priced below the market price.
D) The producer did not make enough Smart Phones for all the people who want to buy one.

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