Kierrasamuel56 Kierrasamuel56
  • 17-05-2020
  • Social Studies
contestada

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?​

Respuesta :

Studios
Studios Studios
  • 17-05-2020

Answer:

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.

Explanation:

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