Question
supply is low and demand is high,
A
prices rise.
B
prices drop.
C
prices remain flat.
D
competition disappears.
A
prices rise.
B
prices drop.
C
prices remain flat.
D
competition disappears.
Answers
GPT-4o mini
The correct answer is:
A. prices rise.
When supply is low and demand is high, it typically leads to an increase in prices.
A. prices rise.
When supply is low and demand is high, it typically leads to an increase in prices.