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Question 23(Multiple Choice Worth 1 points) (American Money LO 1 LC) The price of goods can increase because of limitless choice scarce supply opportunity cost decreased demand
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36 votes
36 votes
Question 23(Multiple Choice Worth 1 points)

(American Money LO 1 LC)

The price of goods can increase because of

limitless choice
scarce supply
opportunity cost
decreased demand

User Ilya Lakhin
by
2.8k points

2 Answers

13 votes
13 votes

Answer: I think its B

Explanation: hope it helps

User Giogix
by
3.3k points
8 votes
8 votes
i believe the answer would be opportunity cost. the opportunity cost is the cost to create an item which can result an increase in the price to ensure they make profit
User RRR
by
2.6k points
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