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Alisiya [41]
3 years ago
11

If the demand for a good stays the same and the supply decreases, what happens as a result?

Advanced Placement (AP)
1 answer:
Tju [1.3M]3 years ago
8 0

Answer:

The price would increase.

Explanation:

Basic economics, if the amount of supply you are trying to sell, for example pillows, decreases but the demand for the pillows stays the same, then you can charge more for each pillow because you have less to sell, making the pillows rare.

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