Question

At the Wonka bar auction, what happened to the price of the "box"? (hint: 1 supply and huge
demand

Answer 1

Answer:

In short, the prices of a bow became inflated. The boxes were selling for much more than what they were actually worth.

Explanation:

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Answer 2

At the Wonka Bar Auction, the price of the boxes were sold at a price much higher than its original price. This was due to the limited supply and high demand.

Why did the Prices rise?

• The prices of the boxes rose at the auction, because of there was only one supply, whereas there was a much higher demand.
• When the demand for a product is higher than its supply, the price of the product rises.
• This is phenomenon is known as inflation.

Hence, this is why the price of the boxes were higher than its original price.

Learn more about Inflation here:

https://brainly.com/question/1082634

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