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

True


False

User Mayi
by
8.5k points

2 Answers

1 vote

Correct Answer: False

In a market economy, if the supply is low and demand is high, prices should drop. True-example-1
User Syed Arsalan Kazmi
by
7.8k points
6 votes

Answer:

False

Step-by-step explanation:

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

User Paulius Liekis
by
8.7k points
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