Question

which statement explains why prices rise in a market?
Producers produce a quantity greater than consumers want to buy.
Consumers buy much less of a good than they have in previous years.
New producers enter the market.
There is excess demand in the market.

Answer 1

Explanation:

because it depends on how the seller bought the things to sell if the cost of the things the seller is buying is getting higher the more the things are going to be expensive