Question

question 9 of 10
if goods or services are scarce, how will the price most likely change?
it will decrease a little
it will crash a lot
it will go up
it will not change at all

Explanation:

In economics (a subfield of Business), the law of supply and demand states that when goods or services are scarce (low supply relative to demand), the price tends to increase as consumers compete for the limited resources.

Answer:

C. It will go up