As the supply of a good of service increases the less money consumers will be willing to pay for the good or service

Question

Troy Keller

Advanced Placement (AP)

20 March, 10:31

As the supply of a good of service increases the less money consumers will be willing to pay for the good or service

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Kylie · Answer 1

This answer is true.

If there is so much lettuce in the world that it can be had very easily in any venue, then the monetary value of the lettuce is diminished because it is so easily had.