contestada

If producers moved the price from P3 to p1 A) producers would encounter a shortage. B) buyers would likely purchase fewer widgets. C) producers would be less willing to make widgets. D) buyers would scramble to get all available widgets.

Respuesta :

Answer: D) buyers would scramble to get all available widgets.

Explanation:

The law of demand states that more quantity is demanded at a lower price, therefore if producers move prices from P3 to P1  there would be an increase in quantity of widgets demanded. Buyers would scramble to get all available widgets wich will create a shortage in the market

Answer:

USA Test Prep says the answers B

Explanation:

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