question 9 of 10\nif goods or services are scarce, how will the price most likely change?\nit will decrease…

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

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

Answer

Answer:

C. It will go up

Brief Explanations:

In economics, when goods or services are scarce, demand often exceeds supply. This leads to an increase in price as consumers compete for the limited - available items.