What might happen to a product when supply is low

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asked May 4, 2018 161k views

2 Answers

Sergey Gerasimov · Answer 1 · 2018-05-06T01:48:50+0000

When the supply of a particular product is low, the number of the item in the market will be low, the demand for the product will be greater than the supply and the price of the product will go up.

Majid Gabrlo · Answer 2 · 2018-05-08T14:01:29+0000

The correct option is A. When the supply of a particular product is low, the number of the item in the market will be low, the demand for the product will be greater than the supply and the price of the product will go up. Buyer will buy at an higher price compared to the time when the supply of that product is high.

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What might happen to a product when supply is low

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