WhenSupplies Are Limited, Prices Tend To Increase.What happens when Supplies Are Limited?The resources that we value—time, money, labor, tools, land, and raw materials—exist inlimited supply. There are simply never enough resources to meet all our needs and desires. This condition is known as scarcity. At any moment in time, there is a finite amount of resources available. Economic goods are limited in quantity. Free goods, on the other hand, have an unlimited supply. Commodity scarcity refers to a limited number of commodities. With this, it can be concluded that the number of economic commodities that exist is still small.Therefore, increase is the correct answer.To learn more aboutlimited supply,refer here :brainly.com/question/27100261#SPJ2...

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