Help @confluxepic @paki @EclipsedStar
A new brand of Mediterranean yogurt has become very popular, yet it still sold at the same price as the regular yogurt and is supplied in very small quantities to stores. What do you expect will happen if this situation continues? There will be a shortage of the new yogurt because the new yogurt is in high demand. There will be an abundance of the new yogurt because there are alternative yogurt brands. There will be an increased demand for regular yogurt because it costs the same as the new yogurt. There will be a shortage of the regular yogurt because the new yogurt is in high demand.
high demand means a higher price right?
Yes.
Yes that is right. The more people want it, they more the price will go up.
Any ideas? :)
so it wouldn't be A or D right
I would think it's A but idk
Actually, it will be either A or D...B and C are incorrect because B says there will be a lot (but if it is in high demand that won't be an option). C is incorrect because the more popular brand is being sold. Haha you added the correct answer just as I was typing this out xD
because it would run out quick
Yes, A is the correct option. :)
Ok thnx :D
Np!
Join our real-time social learning platform and learn together with your friends!