Biology, 05.05.2021 02:20 victoriapellam04
According to the law of supply and demand, if the demand for a product suddenly goes up faster than the supply, which of the following will be the result?
Question 11 options:
The price of the product will go up.
The price of the product will go down.
Production of the product will decrease.
The price will reflect the cost of production.
Answers: 2
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According to the law of supply and demand, if the demand for a product suddenly goes up faster than...
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