Ask Question
22 January, 19:36

Which of the following describes a situation in which the price of a good would rise? A. A new technology allows producers to increase supply very quickly. B. Producers cannot make enough of a good when that good becomes popular suddenly. C. Consumers start using less of a good because more substitutes are available. D. Production is increased in order to catch up with a sudden rise in demand.

+2
Answers (1)
  1. 22 January, 22:58
    0
    C. Consumers start using less of a good because more substitutes are available.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Which of the following describes a situation in which the price of a good would rise? A. A new technology allows producers to increase ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers