Why would you expect supply to play a more significant role


Problem

Would you expect supply to play a more significant role in determining the price of a basic necessity like food or a luxury like perfume? Explain.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Why would you expect supply to play a more significant role
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