16.0k views
2 votes
People are willing to pay a higher price if they believe that supplies are ______.

A. Flunctuating
B. Endless
C. Limited
D. Increasing

2 Answers

7 votes

Your answer is C for APEX

User Dotan
by
8.0k points
4 votes
C. Limited

If you have a small amount of product/resources that means that it is rare, and therefore more valuable.

For example, in the U.S. economy, there is a limited amount of currency, and that is what makes the currency valuable.

Or the better example, in a game like Minecraft, the resource "diamond ore," is only worth value to the player because it is a Limited resource, and it does not spawn often.

Hope this helps!
User Coproc
by
9.2k points
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