peaches242 peaches242
  • 09-12-2019
  • Chemistry
contestada

If supply decreases and demand increases, which of the following will most likely happen?

A.surplus of supply
B.price increases
C.increased cost of production
D. decreased cost of production

Respuesta :

akiran007
akiran007 akiran007
  • 09-12-2019

Answer:

B. price increases

Explanation:

as the supply decreases and demand increases the prices are increased to meet the demand and produce more

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