In a free market, if a product is offered, and buyers want it, the inc

QUESTION

In a free market, if a product is offered, and buyers want it, the increasing demand for the product will ________.

a. drive the price down because many of them sell
b. drive the price up because the producer has a limited supply
c. drive the supply and price down
d. drive the demand curve to the left

 

ANSWER

b

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