Ask a New Question

19. If many buyers want a good or service that is in low supply, the price will most likely ____________.

(1 point)
Responses

increase
increase

decrease
decrease

stay the same

1 answer

increase

Ask a New Question or answer this question.

Similar Questions

if many buyers want a good or service that is in low supply the price will most likelystay the same increase decrease
1. 1 answer
If many buyers want a good or service that is in low supply what happens to the price? (1 point) Responses The price increases
1. 1 answer
What does a relative price compare? Choose one answer.A. the price different sellers ask for the same good B. the price that
1. 2 answers
What does a relative price compare?(1 point) the price different sellers ask for the same good the price that buyers pay to the
1. 1 answer

more similar questions