If there is a shortage of price at the current price, it means that the quantity demanded exceeds the quantity supplied at that price level. This can occur when the price is set below the equilibrium price, which is the price at which the quantity demanded equals the quantity supplied.

A shortage of price typically leads to an increase in price as suppliers try to take advantage of the high demand. As the price increases, the quantity supplied also increases, and eventually, the market reaches a new equilibrium where the quantity demanded equals the quantity supplied.