Answer:
Invariably, the cost of the product will rise. A relatively increase in supply parts directly influences the price of a product.
Answer: (B) Demand for products
Explanation:
The demand for the products is basically refers to the process in which the amount of the specific products are get purchased for the particular price so that the one business organization increase their productivity and the other business meets its specific requirement.
There are basically five factors which determine the demand of products function in an organization are as follows:
- Income of the buyer
- Price
- Customer choice
- The actual price of the related other products
- Future supply expectations
Therefore, Option (B) is correct.
Interpretation is correct answer
Fixed expenses and flexible expenses or Discretionary expenses
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