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mario62 [17]
3 years ago
5

According to the economic concept of supply and demand, producers will obtain the highest price for their products when?

Social Studies
1 answer:
patriot [66]3 years ago
5 0

Answer:

When supply is low and demand is high.

Explanation:

Example: The current GPU shortage.

Sellers have been selling them for $2,000 instead of the retail price (which is wayy lower) due to high demand and low supply.

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