peaches242 peaches242

Today at 8:18 PM
Chemistry

Answered

If supply decreases and demand increases, which of the following will most likely happen?

A.surplus of supply
B.price increases
C.increased cost of production
D. decreased cost of production

Answer :

akiran007 akiran007

Today at 8:23 PM

Answer:

B. price increases

Explanation:

as the supply decreases and demand increases the prices are increased to meet the demand and produce more

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