22alyssacof 22alyssacof

13-08-2021
Advanced Placement (AP)

contestada

People are likely to pay less for an item during a shortage.

True

False

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name372 name372

13-08-2021

Answer:

False

Explanation:

If the supply for something is low and demand is high, the price will increase.

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prescious12 prescious12

14-08-2021

If a shortage exists, price must rise in order to entice additional supply and reduce quantity demanded until the shortage is eliminated.

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