yadirachacon1118 yadirachacon1118
  • 02-04-2021
  • Advanced Placement (AP)
contestada

If the demand for a good stays the same and the supply decreases, what happens as a result?
O the price increases
the price decreases
O quality of the good increases
o quality of the good decreases

Respuesta :

jamesgabe007
jamesgabe007 jamesgabe007
  • 03-04-2021

Answer:

The price would increase.

Explanation:

Basic economics, if the amount of supply you are trying to sell, for example pillows, decreases but the demand for the pillows stays the same, then you can charge more for each pillow because you have less to sell, making the pillows rare.

Answer Link

Otras preguntas

Open door policy affects on America
A 20.0 cm tall object is placed 50.0 cm in front of a convex mirror with a radius of curvature of 34.0 cm. Where will the image be located, and how tall will it
What is the value of x in the equation 1.5(x + 4) – 3 = 4,5(x - 2)?
In a parade, 36 members of the color guard are to march in front of 120 members of the high school marching band. Both groups are to have the same number of stu
Sing to me of the man, Muse, the man of twists and turns driven time and again off course, once he had plundered the hallowed heights of Troy. Many cities of m
if 8 markers cost $20 what is the cost of 12 markers
A patient with a diagnosis of nonsmall cell lung cancer is currently undergoing chemotherapy. At the encouragement of a family member, the patient has announced
Write 0.68as a fraction in the lowest terms.
What traits did West African societies share? Be specific and explain in detail.
Name the organs in the digestive system where there are stratified epithelia.