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What tends to happen to the price of a product when it is scarce and in high demand? A. Decreases B. increases C. Stays the same D. Falls to zero
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What tends to happen to the price of a product when it is scarce and in high demand?

A. Decreases
B. increases
C. Stays the same
D. Falls to zero

User Noren
by
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2 Answers

2 votes

Answer:

b

Step-by-step explanation:

User Stuart Hickinbottom
by
8.5k points
4 votes

Answer:

Increases

Step-by-step explanation:

The reason it increases is because people want it more and are willing to pay extra for something because it is more valuable.

User Jmpena
by
9.3k points
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