How does the scarcity of resources influence the price of goods? 1.It causes prices to remain the same. 2.It causes prices to go up. 3.It causes prices to go down. 4.It causes prices to fluctuate up and

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked May 9, 2023 224k views

3 votes

How does the scarcity of resources influence the price of goods?

1.It causes prices to remain the same.

2.It causes prices to go up.

3.It causes prices to go down.

4.It causes prices to fluctuate up and down

History
middle-school

Hanne asked

by Hanne

6.6k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

4 votes

3 I took the test so I am pretty sure

Lorren answered May 9, 2023

by Lorren

7.2k points

0 Comments

Please log in or register to add a comment.

9 votes

Answer:

Step-by-step explanation:

If there are less of goods, it is worth more, causing the price to go up.

Robin Coe answered May 15, 2023

by Robin Coe

7.2k points

0 Comments

Please log in or register to add a comment.

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.0m questions

10.7m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

2 Answers

0 Comments

Please log in or register to add a comment.

0 Comments

Please log in or register to add a comment.

Other Questions