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How can the concept of supply and demand be best described?

A.When there is a shortage of goods, prices fall and demand increases.
B.When there is a surplus of goods, prices decrease as demand increases.
C.When there is a shortage of goods, prices increase as demand increases.
D.When there is a surplus of goods, prices increase as demand decrease.

User CeccoCQ
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1 Answer

7 votes

The answer is C.

Step-by-step explanation:

User Rubiktubik
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