Question

EFFECT OF RATTIONING AND HOADING

Answer 1

Answer:

MARK ME AS BRAINLIEST...

Explanation:

Secondary economic effects result from hoarding. Hoarding is an increase in demand. In the short-run with supply fixed, the price of the hoarded good would increase. ... On the other hand, if the long-run elasticity of supply was low or zero, then the degree of hoarding might intensify causing demand to increase