contestada

Suppose that both of the events you have just analyzed are partly responsible for the increase in the price of calzones. Based on your analysis of the explanations offered by the two groups of students, how would you figure out which of the possible causes was the dominant cause of the increase in the price of calzones?.

Respuesta :

jaquelinefvr

The dominant cause of the rise in the price of calzones may be the increased shift in demand relative to the shift in supply.

What happens when supply is less than demand?

This is an economic situation where there is an imbalance, generating an increase in prices, since when there is greater demand for a product than companies offering it, it means that consumers are more likely to pay more prices for a product that is in a position of scarcity.

Therefore, a balance between supply and demand must be achieved to generate a stable situation in price and quantity levels.

Find out more about supply and demand here:

https://brainly.com/question/4804206

#SPJ1

Otras preguntas