For abnormal goods, how will supply behave when price increases and when price decreases
3 answers
Uhh For example there are 50 pineapples at the store and the price of the pineapples are $2.00! The price is low because there is plenty of supplies! Now there are 25 left and the price goes up to $3.00. So the whole point is that the less supplies there are the higher the price!
Hope this helps!!
For abnormal goods how will price be if supply increases or decrease