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According to Smith, what happens when more people want a product than there is a supply of that product?

According to Smith, what happens when more people want a product than there is a supply of that product?
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According to Smith, what happens when more people want a product than there is a supply of that product?

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User Ramtheconqueror
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1 Answer

4 votes

Answer:

The price and value of the existing items increases.

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User Aknosis
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