Question

In the strict terminology of supply and demand, a change in market price causes;

1. An increase in demand.
2. A decrease in demand.
3. No change in demand.
4. An unpredictable change in demand.
Question 24

Answer 1

An increase in demand.

Step-by-step explanation:

In demand for a product that a company doesnt have much of is def an increase as its rarer in stock?