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Bogdan [553]
3 years ago
8

How does increase demand for a product help lower its price to consumers?

Business
1 answer:
iren2701 [21]3 years ago
7 0

Answer:

The four basic laws of supply and demand are: If demand increases and supply remains unchanged, then it leads to higher equilibrium price and higher quantity. If demand decreases and supply remains unchanged, then it leads to lower equilibrium price and lower quantity.

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Answer:

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muminat
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To develop _____ plans, managers identify important factors in the environment, such as possible economic downturns, declining m
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