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OpenStudy (anonymous):
Which effect does scarcity have on the price of a product if demand stays the same? A.The scarcer the product, the lower the price. B.The less scarce the product, the higher the price. C.The less scarce the product, the price stays the same. D.The scarcer the product, the higher the price.
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OpenStudy (zairahernandez):
The scarcer the product, the higher the price.
OpenStudy (zairahernandez):
D.
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