Give a example of something being low supply what can happens to prices

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04-05-2022
Biology

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Give a example of something being low supply what can happens to prices

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saelahlobb saelahlobb · Answer 1 · 2022-05-04T21:24:50+02:00

saelahlobb saelahlobb

04-05-2022

If there is a decrease in supply of goods and services while demand remains the same, prices tend to rise to a higher equilibrium price and a lower quantity of goods and services.

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