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What happens to the price of a good or service when the SUPPLY is LOW and the DEMAND is HIGH? Question 10 options: The price stays the same. The price goes down. The price goes …

What happens to the price of a good or service when the SUPPLY is LOW and the DEMAND is HIGH? Question 10 options: The price stays the same. The price goes down. The price goes …
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What happens to the price of a good or service when the SUPPLY is LOW and the DEMAND is HIGH?

Question 10 options:

The price stays the same.


The price goes down.


The price goes up

User Wei Song
by
8.9k points

1 Answer

5 votes

Answer:

the price goes up

Step-by-step explanation:

hope this helped! happy holidays

User Frelling
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