-If the demand increases and the supply decreases,it is impossible to say what will happen to the price.

Name: -If the demand increases and the supply decreases,it is impossible to say what will happen to the price.
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Question

Quizplus · Accepted Answer

When demand increases and supply decreases, the price generally increases due to higher demand for a smaller quantity of goods.

-If the Demand Increases and the Supply Decreases,it Is Impossible