How does price as a rationing method influence the incentives of individuals to supply goods, services, and resources to others?

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23-01-2019
Business

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How does price as a rationing method influence the incentives of individuals to supply goods, services, and resources to others?

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beninpasooz0zon beninpasooz0zon · Answer 1 · 2019-01-23T17:53:29+01:00

beninpasooz0zon beninpasooz0zon

23-01-2019

The lower the price the more willing people are to supply the product, and the cheaper it will be to supply it, but it also could make consumers think the product is junk.

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