Kassidi123 Kassidi123

06-07-2016
Social Studies

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If the supply of video games decrease, you can expect the price of the video games to..

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uberschluh uberschluh

06-07-2016

Increase in price, if demand stays linear. The basic contention of Market Capitalism is High Supply with Low Demand creates cheaper products whilst Low Supply with High Demand creates expensive products. So, the lower thesupply of video games yet the higher the demand, the higher the price.

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Tundexi Tundexi

24-03-2022

The price of the video games is expected to increase if the supply of video games decrease.

What is decrease in supply?

The decrease in supply rate will create a pressure of high demand for the video game in the market.

Hence, the high demand will likely result to higher price because of the scarcity of the game.

Read more about law of supply

brainly.com/question/4803223

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