History, 29.08.2019 22:20 charnaetoney13

Why do prices increase when demand for a product is high?
bucki
a sle
o companies know they can make more money by selling fewer products at higher prices.
companies know that people will be willing to spend more to get an in-demand product
companies take advantage of the demand to make people spend more money on excess products
companies know they can stop production and still make money on sales.
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Why do prices increase when demand for a product is high?
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