Ask Question
BusinessBusiness
28 December, 10:08

When supplies are limited, prices tend to

+4
Answers (2)
  1. 28 December, 10:31
    0
    Answer: When Supplies Are Limited Prices Tend To Increase

    Explanation: Is Supplies Are Endless, prices tend to decrease! This is because there is an infinite amount of a good and everyone can get it. There will likely be left over supplies and the demand is not high so prices will go down.
  2. 28 December, 10:32
    0
    increase

    Explanation:

    increase. When supplies are limited price increase
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “When supplies are limited, prices tend to ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Infrastructure, skilled labor, and capital are examples of a. relating and supporting industries b. domestic demand conditions c. firm strategy, structure, and rivalry d. factor endowments
Answers (1)
When you answer outside calls on an office phone, which do you identify first? A. Your supervisor's name B. Your first name C. The name of the company or firm D. Your last name
Answers (1)
Which of the following personal leadership competencies refers to the ability to stay healthy in both work and play, demonstrating the importance of being ready to implement leadership competencies when needed? a. Courageb. Accountabilityc.
Answers (1)
Scott and Andy provide support and learning opportunities, coach, and guide their employees. Andy and Scott discuss their approach at Barcelona as one that is empowering. "This is your restaurant," Andy tells new managers.
Answers (1)
True or false? virtually all surface water is polluted and needs to be treated before it can be safely consumed.
Answers (1)
New Questions in Business
Yakov left his job as a plumber when his wife took a position in another region. the quantity of plumbing services demanded is considerably lower in the new region, in part because of high union-negotiated wages.
Answers (1)
Luthan Company uses a plantwide predetermined overhead rate of $23.20 per direct labor-hour. This predetermined rate was based on a cost formula that estimated $278,400 of total manufacturing overhead cost for an estimated activity level of 12,000
Answers (1)
Sweet Cream is an ice cream manufacturer. It sells Guilt-Free, a zero-calorie ice cream, which competes with Flavor Bell's Moo Sweet, a low-calorie ice cream. Flavor Bell reduces Moo Sweet's prices to match Guilt-Free's prices.
Answers (1)
Which of the following is NOT considered to be one of the three primary functions that all organizations perform? A. finance/accounting B. research and development C. production/operations D. marketing
Answers (1)
If someone pays medical expenses directly to the provider, such as a doctor or hospital, what percentage of the gift is exempt from gift tax?
Answers (1)
Home » Business » When supplies are limited, prices tend to
Sign Up Forgot Password?