alexiskhloeburns alexiskhloeburns

12-12-2016
Social Studies

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In 1 or 2 sentences, explain how quantity supplied and price are related.

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HyperDrive HyperDrive

12-12-2016

When there is more of a product, the price is lowered because the product is not in short supply. However, if there is very little of the product, the price will increase because it is harder to get one's hands on that product because of its scarcity.

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