3 years ago

If the demand for a product decreases, what is likely to happen?

1 answer:

4 0

Answer: D. The price is likely to decrease.

Explanation: Supply and Demand, when a product is in high demand, which means a lot of consumers want it then companies can raise the price on it. When its in low demand then they have to decrease the price in order for that product to sell.

You might be interested in

To mix his special energy drink, Jerome uses 8 cups of water and 3 cups of drink mix.

Serga [27]

Jerome needs 336 cups of water and 126 cups of drink mix

8 0

3 years ago

You have decided that you want to be a millionaire when you retire in 44 years. If you can earn an annual return of 11.06 percen

igomit [66]

Answer:

1. Let amount deposited now be P.

So P*(1.1106^44) = 1,000,000, which means P=9896.06

2. Let amount deposited now be P.