asked 116k views
1 vote
In a market economy, if the supply is low and demand is high, prices should drop.

True


False

asked
User Mayi
by
8.5k points

2 Answers

1 vote

Correct Answer: False

In a market economy, if the supply is low and demand is high, prices should drop. True-example-1
6 votes

Answer:

False

Step-by-step explanation:

If the supply increases, the price decreases, and if the supply decreases, the price increases.

answered
User Paulius Liekis
by
8.7k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.