Answer:
The correct answer option is False.
Step-by-step explanation:
When supplies of goods and services become plentiful, prices tend to rise.
The above given statement is False. It follows the simple Law of Supply and Demand that according to which when supplies of goods and services become plentiful, prices tend to drop.
While the prices tend to rise in case when the supplies become scarce and limited in number and they are high in demand.