ksain9129 ksain9129

09-03-2020
Business

contestada

If producers moved the price from P3 to p1 A) producers would encounter a shortage. B) buyers would likely purchase fewer widgets. C) producers would be less willing to make widgets. D) buyers would scramble to get all available widgets.

Respuesta :

supabrains supabrains

14-03-2020

Answer: D) buyers would scramble to get all available widgets.

Explanation:

The law of demand states that more quantity is demanded at a lower price, therefore if producers move prices from P3 to P1 there would be an increase in quantity of widgets demanded. Buyers would scramble to get all available widgets wich will create a shortage in the market

Answer Link

alexiscoro46 alexiscoro46

27-03-2020

Answer:

USA Test Prep says the answers B

Explanation:

Answer Link

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