Question

How does the scarcity of resources influence the price of goods?

1.It causes prices to remain the same.

2.It causes prices to go up.

3.It causes prices to go down.

4.It causes prices to fluctuate up and down

Answer 1

Answer:

3

Explanation:

If there are less of goods, it is worth more, causing the price to go up.

Answer 2

3 I took the test so I am pretty sure