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Ede4ka [16]
4 years ago
8

Which of the following will probably happen to a product when demand is low? A. The price will go up. B. The price will go down.

C. The price will stay the same. D. The price will change based on inflation. Please select the best answer from the choices provided A B C D
Business
1 answer:
viva [34]4 years ago
7 0

Answer:

The price will go down.

Explanation:

The price will be lowered because it's demand isn't high enough to be the price it was originally sold at. So because consumers don't want it that much, it wont go on the market for as much.

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The cost of goods sold is the expense incurred by a manufacturing firm when making goods to be sold to customers. It is calculated using the formula.

Cost of goods sold = Beginning Stock plus purchases/ cost of goods manufactured minus  ending stock

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