Give a example of something being low supply what can happens to prices

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asked Apr 4, 2023 200k views

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Dinh · Answer 1 · 2023-04-11T09:24:07+0000

If there is a decrease in supply of goods and services while demand remains the same, prices tend to rise to a higher equilibrium price and a lower quantity of goods and services.

Give a example of something being low supply what can happens to prices

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