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Given the definition below, what will MOST LIKELY result from an increase in the price of a particular good or service?

Given the definition below, what will MOST LIKELY result from an increase in the price-example-1
User Leiyonglin
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1 Answer

4 votes

Answer:

A

Step-by-step explanation:

The answer is A because if you decrease the production and increase the price more people would want it.

For instance you made 14 iphone 20's but 100 people want them you would increase the price.

i hoped it helped : )

User Octobus
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