In which of the following situations would the price of goods be mostly to increase? A. The level of production rises to catch up with a sudden rise in consumer demand. B. There's a sudden increase in the number of companies competing to sell the good. C. A rise in demand happens too quickly for producers to increase production to keep up. D. The development of a new energy source reduces production costs for a company.

Respuesta :

Answer:

C

Explanation:

Due to a rise in demand, producers reduce supply, hence leading to an increase in price.

C). Is correct

It’s mostly to increase Because of the rise in demand it happens too quickly for producers to increase production to keep up.