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Other Fields Homework Help Economics Topic started by: Sublight2097 on Jun 20, 2015



Title: When a shortage of a goods leads to a price increase, its price usually rises because
Post by: Sublight2097 on Jun 20, 2015
When a shortage of a goods leads to a price increase, its price usually rises because
A) Americans are committed to capitalism.
B) most people are better off if it does.
C) sellers can benefit by raising their prices.
D) higher prices lead to scarce goods being allocated most efficiently.


Title: Re: When a shortage of a goods leads to a price increase, its price usually rises because
Post by: Dropx on Aug 16, 2015
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Title: Re: When a shortage of a goods leads to a price increase, its price usually rises because
Post by: Sublight2097 on Aug 31, 2015
Seriously, you've been tremendously helpful! Thank you.


Title: Re: When a shortage of a goods leads to a price increase, its price usually rises because
Post by: Dropx on Aug 31, 2015
Happy to help, let me know if you have any more requests.