What might happen to a product when supply is low?
A.
The price will go up.
B.
The price will go down.
C.
The price will stay the same.
D.
The price will change very quickly.
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OpenStudy (jack_prism):
supply and demand the price will go up the quicker the stock drops
OpenStudy (anonymous):
A
OpenStudy (anonymous):
it will go up so they can buy more supplies
OpenStudy (anonymous):
Thank you :)
OpenStudy (anonymous):
can i have medal
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OpenStudy (jack_prism):
Actually its more like as the stock goes down it becomes more valuable
OpenStudy (just_one_last_goodbye):
I say B or C
OpenStudy (anonymous):
np
OpenStudy (anonymous):
A the price will go up, knowing that they are out of supplies they will need money to get more, therefore , they will price the product higher than usual.
Hope this helps! :D
OpenStudy (anonymous):
so im right
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OpenStudy (just_one_last_goodbye):
why would the price go up? like a laptop.... its not like the last in the whole world
OpenStudy (anonymous):
Because, they need more money to buy the specific items/product.
OpenStudy (anonymous):
it goes up to buy more supplies what grade are you in my neice who is 4 knows this gosh