Question

The price of an item will go up if the supply decreases. True False

Answer 1

The answer is true.

Step-by-step explanation:

When the supply decreases the price increases and because when there is less to buy the price goes u to gain money to buy the supplies.

Hope this helps.

Answer 2

true

Step-by-step explanation:

supply and demand if there were less of something people would pay more because there is less and they want it