Which of the following best describes the sequences of events that lead to a price increase and quantity decrease when supply decreases?

Question

asked Dec 5, 2022 148k views

1 Answer

Afzal N · Answer 1 · 2022-12-09T00:22:26+0000

Answer:

you gave no options but according to me

Step-by-step explanation:

When the demand for a product increases, businesses increase the price while decreasing the supply/quantity.