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

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asked Dec 10, 2021 195k views

2 votes

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

History
high-school

Wei Song asked

by Wei Song

8.5k points

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1 Answer

5 votes

Answer:

the price goes up

Step-by-step explanation:

hope this helped! happy holidays

Frelling answered Dec 14, 2021

by Frelling

7.6k points

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