Question

At the lowest price for cell phones, consumers demand the _____ phones, and producers supply the _____ phones. fewest, most most, most most, fewest
answers:
A) fewest, most
B) most, most
C) most, fewest

Answer 1

Answer:

At the lowest price for cell phones, consumers demand the most phones and producers supply the fewest  

Explanation:

When the price of any product is decreased in the market, consumers will purchase more of the product because it is budget-friendly and many; people can afford to buy at the low rates. The reason why they but in large quantities during this time is because prices may rise in the future.

While the supplier will not be willing to supply in large numbers when pieces are low. This is because they may be operating in losses and the initial prices may not be recovered so they will keep the cellphones until their market price regains.