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10 July, 06:12

The law of supply and demand states that when supplies of goods and services become plentiful, prices tend to drop

T or F

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Answers (1)
  1. 10 July, 09:56
    0
    True

    Explanation:

    When there is plenty of goods or services, there is higher opportunity to achieve that thing and if its more expensive in one place, people can get it cheaper somewhere else. So the cheaper the plentiful stock, the more consumers will buy it and give major profit to the business.
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