asked 98.5k views
7 votes
Why would farmers and merchants hope to profit from increased prices due to scarcity?

A. The farmers and merchants had a surplus and would be able to sell a lot of goods and
make a large profit.
B. The economy was in shambles, and people were becoming violent.
C. Goods were in high demand, but had a low supply, making the goods scarce and more
expensive.
D. People were unemployed so they had extra time to shop around for the best prices.

Please give letter answer, not an internet copy and paste one.

2 Answers

9 votes

Answer:

It is c hope this helps

Step-by-step explanation:

answered
User Frank Bozzo
by
8.3k points
4 votes

Answer:

C

Step-by-step explanation:

answered
User Lee Hampton
by
8.0k points

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