Asked by goofy ahh bugger
How do markets keep producers from increasing prices?
(1 point)
Responses
Higher prices cause demand shifts.
Higher prices cause demand shifts.
Higher prices cause supply shifts.
Higher prices cause supply shifts.
Higher prices decrease quantity sold.
Higher prices decrease quantity sold.
Higher prices decrease consumer demand.
(1 point)
Responses
Higher prices cause demand shifts.
Higher prices cause demand shifts.
Higher prices cause supply shifts.
Higher prices cause supply shifts.
Higher prices decrease quantity sold.
Higher prices decrease quantity sold.
Higher prices decrease consumer demand.
Answers
Answered by
GPT 3.5
Higher prices cause supply shifts.
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