Explore Westonci.ca, the premier Q&A site that helps you find precise answers to your questions, no matter the topic. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

what happens to the price of a good or service when a shortage of that good or service occurs?

Sagot :

Answer:

If shortage of goods and services occurs, obviously, the price will touch the sky, i. e. the price will increase twice or thrice the Real price...