In a market economy, if the supply is low and demand is high, prices should drop. True False

asked Nov 14, 2021 116k views

1 vote

In a market economy, if the supply is low and demand is high, prices should drop.

True

False

by Mayi

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1 vote

Correct Answer: False

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6 votes

Answer:

False

Step-by-step explanation:

If the supply increases, the price decreases, and if the supply decreases, the price increases.

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