Why would it benefit a company to restrict its supply of a product to consumers when consumer demand for the product is high? br

Question

e-lub [12.9K]

3 years ago

9

Why would it benefit a company to restrict its supply of a product to consumers when consumer demand for the product is high? br

ainly

Social Studies

1 answer:

Kipish [7] · Answer 1 · 2022-01-09T03:14:35+03:00

Kipish [7]3 years ago

4 0

Answer:

By restricting supply, the company could also raise the price of whatever the product is that they are selling, as people will be willing to pay higher prices for a popular item.