Economy, asked by giovannichandler03, 4 months ago

(PLS HURRY) In a market economy, a decline in supply of a popular product is MOST LIKELY to lead to which of the following?

A
a maximum price set by the government

B
a shortage of substitute products

C
a corresponding decline in demand

D
an increase in price

Answers

Answered by 217419mukesh
1

Answer:

D. an increase in price

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