Question

HELPPP PLSSS !!
The supply of a product decreases, but the demand remains the same.
What will most likely happen to the price of the product?
A. The price of the product will increase.
B. The price of the product will remain the same.
C. The price of the product will greatly decrease.
D. The price of the product will slightly decrease.

Answer 1

Answer:

There is an inverse relationship between the supply and prices of goods and services when demand is unchanged. ... If there is a decrease in supply of goods and services while demand remains the same, prices tend to rise to a higher equilibrium price and a lower quantity of goods and services.

Explanation:

Answer 2

Answer:

Hi.

It's so easy, answer is A