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what increases in the cost of goods with low demand?

Sagot :

Answer:

When demand remains constant, there is an inverse relationship between supply and prices of goods and services.  If the supply of goods and services decreases while demand remains constant, prices tend to rise to a higher equilibrium price and a lower quantity of goods and services.

Answer:

PRICES TEND TO RISE TO A HIGHER EQUILIBRIUM PRICE AND A LOWER QUANTITY.

Explanation:

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