yadirachacon1118 yadirachacon1118
  • 02-04-2021
  • Advanced Placement (AP)
contestada

If the demand for a good stays the same and the supply decreases, what happens as a result?
O the price increases
the price decreases
O quality of the good increases
o quality of the good decreases

Respuesta :

jamesgabe007
jamesgabe007 jamesgabe007
  • 03-04-2021

Answer:

The price would increase.

Explanation:

Basic economics, if the amount of supply you are trying to sell, for example pillows, decreases but the demand for the pillows stays the same, then you can charge more for each pillow because you have less to sell, making the pillows rare.

Answer Link

Otras preguntas

What was the major purpose of the Truman Doctrine?
A tree casts a shadow 27 m long. At the same time, the shadow cast by a 66-cm tall statue is 56 cm long. Find the height of the tree to the nearest tenth of a
The diameter of a cylinder is 6 feet 6 inches. The height of a cylinder is 12 feet 3 inches. What is the surface area?    (feet squared)What is the volume?
What's the word for to talk on and on pointlessly, without clear direction
explain why the motion of a body which is moving with constant speed in a circular path is said to be accelerated ?
What's the other word generous in overlooking insult or injury by others; rising above pettiness
Solve the quadratic by factoring 2X²-2X-12=0
Jim has gotten scores of 99 and 93 on his first two tests. what score must he get on his third test to keep an average of 90 or greater
What's the word for looking down on others; proud and scornful
why dog pants during summer use the cocept of evaporation