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Illusion [34]
3 years ago
15

Demand for a product is most likely to decrease because:

History
2 answers:
Lisa [10]3 years ago
6 0

Answer:

B. the total number of consumers in a market declines.

Explanation:

The demand for a product is affected by several factors such as price of the product, number of consumers, consumer income, consumer tastes and preferences, and the price of related goods.

Demand for a product is directly connected with the number of consumer in the market, if number of consumer in the market decreases automatically the demand for product will decrease.

While greater preference for the product and more demand for a complementary good will increase the demand for a product.

Hence, the correct answer is "B. the total number of consumers in a market declines.".

jeka57 [31]3 years ago
6 0

Answer:

b

Explanation:

a.p.e.x.

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