In a market economy, what impact can a product shortage have on a product's price?

How does a product surplus influence the product's price in a
market economy?

A market shortage, in accordance with a supply and demand chart, drives up the price due to the fact that the demand would be higher than the supply.

During a product surplus, the price will go down because the supply is higher than the demand.

Explanation:

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ford’s revolution of the assembly like to make cars less expensive

explanation:

united states reinforcements contributed greatly to three allied victories in france at: cantigny (first major american battle), argonne (the largest in the united states military history, involving 1.2 million american soldiers), and château-thierry (one of the first actions under general pershing).