question 9 of 10\nif an item is scarce, how does this affect how it is priced in a market economy?\nthe…

question 9 of 10\nif an item is scarce, how does this affect how it is priced in a market economy?\nthe price will decrease\nthe price will increase\nthe price will not change\nthe price will be up and down

question 9 of 10\nif an item is scarce, how does this affect how it is priced in a market economy?\nthe price will decrease\nthe price will increase\nthe price will not change\nthe price will be up and down

Answer

Brief Explanations:

En una economía de mercado, cuando un artículo es escaso, la oferta es baja mientras que la demanda puede ser alta o constante. Según la ley de la oferta y la demanda, cuando la oferta es baja y la demanda es alta o constante, el precio aumenta.

Answer:

B. The price will increase