asked 42.8k views
18 votes
How can the concept of supply and demand be best described?

A.When there is a shortage of goods, prices fall and demand increases.
B.When there is a surplus of goods, prices decrease as demand increases.
C.When there is a shortage of goods, prices increase as demand increases.
D.When there is a surplus of goods, prices increase as demand decrease.

asked
User CeccoCQ
by
7.3k points

1 Answer

7 votes

The answer is C.

Step-by-step explanation:

answered
User Rubiktubik
by
8.5k points
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