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24 January, 20:53

should people be able to raise prices to meet demand or should prices remain the same during a crisis? what are the risks involved with both strategies?

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  1. 24 January, 21:11
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    If the price goes up, the quantity demanded goes down.

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    If the prices stay the same, the quantity of items will be very low due to a shortage of quantity, therefore costing more money to create more quantity.
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