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Zina [86]
3 years ago
14

Question 13 of 20 :

History
2 answers:
poizon [28]3 years ago
7 0

Answer: A. Rapid increase of food prices

Explanation:

When there was a shortage of food in Europe, the markets responded by increasing the prices of food.

This obeyed the Law of Supply which states that all else being equal, the supply of a good is inversely related to it's price. This means that the lower the supply, the higher the price (and vice versa) in order to cater for the scarcity.

densk [106]3 years ago
3 0

Answer:

A.) Rapid increase of food prices

Explanation:

I just took the test and got it right ;)

(correct for pf students btw)

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