Kizspy | Question: 4
(Choose 1 answer)
Which of the following is correct?
A. If the price of a good has risen over time, it must have become more scarce.
B. If the price of a good has risen over time, it must have become less scarce.
C. If the price of a good has risen over time, it has become more scarce only if the price adjusted for inflation has
risen.
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D. If the price of a good has risen over time, it has become less scarce only if the price adjusted for inflation has
risen.