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

A scientist is working with two different concentrations of hydrochloric acid (HCI). One bottle is 80% HCI, and the other is 40% HCI. For their experiment they
If x is 4, a is 1/4, and y is 2, then what is 5x(56a-6y)
1/10 + -9/10 = what in fraction form
Location B is which place? Canaan Egypt Syrian Desert Mediterranean Sea
I don't get what they mean by writing an opinion Can I get some help?
What’s the correct answer answer asap for brainlist
yes haha yes what no oh yeah no nevermind wait yes
what is the meaning of a hybrid seed
Answer number 5 a,b,c,d,e pls thanks
i hate this brainly thing so so so much