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12.

Which statement BEST describes the relationship between supply and demand?
A.
A product with high demand and low supply will experience an increase in price.
B.
A product with low demand and high supply will experience no change in price.
C.
A product with low demand and low supply will experience an increase in price.
D.
A product with high demand and high supply will experience a decrease in price.

User Gracu
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1 Answer

4 votes
The answer is
A. A product with high demand and low supply will experience an increase in price