1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nimfa-mama [501]
3 years ago
13

In a free enterprise economy, prices are determined by supply and demand. How is the price of an item affected if the supply goe

s down?
A.
The price of the item will go down.
B.
The price of the item will go up.
C.
The price of the item will stay the same.
D.
The price will go down, but then it will go up.
Reset
History
2 answers:
Gala2k [10]3 years ago
7 0
B. the price will go up since the supply went down.
trapecia [35]3 years ago
5 0

Answer:

B.

The price of the item will go up.

Explanation:

This happens because the more demand for a product, the more price rises. Such as if there are only a few models of a product, they will sell for more.

You might be interested in
What were the goals of gorbachev
Triss [41]

Answer:

i found this snippet on the web:

Gorbachev's reforms were gradualist and maintained many of the macroeconomic aspects of the command economy (including price controls, inconvertibility of the rouble, exclusion of private property ownership, and the government monopoly over most means of production).

hope this was helpful

5 0
3 years ago
True or false<br> European nations ruled almost all of Africa by 1914.
tresset_1 [31]
The Statement is True.
5 0
3 years ago
How did the Aztecs manage time?
vovikov84 [41]

Explanation:

El calendario solar azteca es un ciclo de 52 años que se divide en cuatro trecenas de años, cada uno diferenciado de los otros mediante la asignación cíclica de uno de los jeroglíficos Técpatl (pedernal), Calli (casa), Tochtli (conejo) o Ácatl (carrizo) y uno de los dígitos del 1 al 13 (representados con puntos).

3 0
3 years ago
Neolithic people developed systems of mathematics for all of the following reasons, except to
LUCKY_DIMON [66]
Assuming that this is referring to the same list of options that was posted before with this question, <span>the correct answer would be "to facilitate trade", since they had just begun the transition to agriculture and there was little need for trade. </span>
8 0
3 years ago
Read 2 more answers
The European nations were able to divide up Africa among themselves at the Conference of Berlin. Explain why African kingdoms we
MrRissso [65]
Africa and Asia were able to gain strength after WWII were because after the war the colonial powers of Biritan and France, and the US spoke out about colonialism and some other European nations saw that they had to give up their colonial empires.
7 0
2 years ago
Other questions:
  • Mark each statement if it correctly describes events that led to the fall of Rome.
    8·2 answers
  • While waiting at a bus stop, Jacinta looked up and noticed that she could not see the mountains because of a thick layer of smog
    13·2 answers
  • What was the purpose of the universal declaration of human rights in 1948?
    14·1 answer
  • How did the french feel about the regin of terror??
    14·1 answer
  • Globilization leads to more trade between
    7·1 answer
  • Ano ang pagkakaiba ng heograpiyang pisikal at pantao??
    11·1 answer
  • Hello if we we were in a room alone together what would u do???? let me know
    5·1 answer
  • HEY CAN ANYONE WRITE A PARAGRAPH EXPLAINING ABOUT ANCIENT SPORTS!
    11·1 answer
  • Racing toward War
    12·1 answer
  • What are the dangers of having too much political Powers​
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!