True or false? When prices increase supply decreases.

Ngure Nyaga asked Jul 19, 2023

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19 votes

True or false?
When prices increase supply decreases.

Ngure Nyaga asked Jul 19, 2023

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11 votes

Answer:

The answer to your question is:

False.

Explanation:

If prices increase, then no one would want to buy the product. No one would come.

Therefore, the correct answer is;

When prices increase, supply decreases.

Sunil Patil answered Jul 23, 2023

3.2k points

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