notoneofdem0987 notoneofdem0987
  • 03-03-2022
  • History
contestada

How can a change in demand for a product affect the products price?

Respuesta :

kirstincarter22 kirstincarter22
  • 03-03-2022

Answer:

if the demand is higher the price may increase and if there is low demand it would likely decrease

Explanation:

Answer Link
CandyCough3008 CandyCough3008
  • 03-03-2022

The rule of demand and supply means that any product in high demand will increase in price as more of the product is needed but not enough of the product is made to reach the demand. This makes it possible for suppliers to increase the price.

Answer Link

Otras preguntas

Which of the following occurred during the Boston Massacre in 1770? A. The Royal Governor resigned his position. B. John Adams read the Declaration of Independe
identify the types of mutation depicted ggc to gga
Discuss how most Librarian earn their living ?​
Who is president George w bush's audience? In the mayflower compact
Complete the proof. Drag and drop the expression to correctly complete the proof of the polynomial identity (x−y)2+4xy=(x+y)2.
A 35 kg boy is riding a 65 kg go-cart. He pushes on the gas pedal, causing the cart to accelerate at 5 m/s2. Use the equation F = m × a to find the force exerte
Two persons are applying force on two opposite sides of a moving cart
A school lunch contains 12 cheese sticks. Seventy-five students buy the lunch. What is the total number of cheese sticks served?
What is the solution of....
If f(x) = (4784), what is 13)?