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What would prices do if a product was abundant? a. drop b. rise c. stay the same d. give a better value
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4 votes
What would prices do if a product was abundant?

a. drop
b. rise
c. stay the same
d. give a better value

User Ilya Smagin
by
6.6k points

1 Answer

1 vote
Prices would drop due to the flooding of the market on the one product. The economy revolves around the concept of Supply and Demand. When supply is low, and demand is high, prices will be driven up. and Visa Versa
User ShQ
by
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