How does price as a rationing method influence the incentives of individuals to supply goods, services, and resources to others?

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asked Mar 23, 2020 106k views

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Ilise · Answer 1 · 2020-03-27T15:05:57+0000

The lower the price the more willing people are to supply the product, and the cheaper it will be to supply it, but it also could make consumers think the product is junk.

How does price as a rationing method influence the incentives of individuals to supply goods, services, and resources to others?

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