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kaheart [24]
3 years ago
14

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

will reduce the cost of production. It will increase the cost of production. It will increase the price of the product. It will not affect the price of the product.
Social Studies
2 answers:
ira [324]3 years ago
5 0
<span> It will increase the price of the product. Due to the fact that more people buy it, so why not raise the price a bit? Hope this helps!</span>
iren2701 [21]3 years ago
5 0

Answer:

It will increase the price of the product.

Explanation:

The Law of Supply and Demand determines that the price of goods and services varies according to their scarcity. Thus, if a company determines the supply of a good, it can influence the price by restricting supply. This is common in monopolies when only one company provides certain kind of good.

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Married couple Vanessa and Paul first interacted online. Technology enabled them to meet their physical needs without seeing each other in person.

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Personal needs are the needs that are vital or important to survival.

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Which option best summarizes what is expected of citizens in a democracy?
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<h3>What is an IQ score?</h3>

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Given values:

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Normal age: 10 years

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Therefore, his IQ score of Logan is 120 which shows that he is a high achiever person under the Stanford-Binet Intelligence Scale.

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