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sertanlavr [38]
2 years ago
15

The supply of shoes dropped. Stores are having a hard time finding enough shoes to sell. What will happen to the price of shoes?

Business
1 answer:
PilotLPTM [1.2K]2 years ago
8 0

Answer:

The price of the shoes will increase.

Explanation:

It is supply-and-demand. In this case, the supply is low but the demand is high so the store(s) have to raise the prices.

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According to the U.S. Bankruptcy Abuse Prevention and Consumer Protection Act (<em>BAPCPA</em>) report of 2014, more than 900,000 bankruptcy cases were filed by individuals having by common cause consumer debts. That number of reports has been decreasing since then by year reaching by 2017 the amount of 767,721 cases.

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