How does over-supply affect prices and consumer perceptions of a product?

English

2 answers:

Radda [10]3 years ago

5 0

Answer:

Over supply means lower prices. The company will be wanting to get rid of all their product and will sell it at a lower price. Consumers will be wiling to pay a lower price for the product.

Luden [163]3 years ago

4 0

Over supply decreases the price of an item if there is too much of an item on the market the price will decrease because they need it to be sold. A consumers perception maybe that it is either a very poor product because there is so many things being produced.

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