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zhuklara [117]
3 years ago
12

How does over-supply affect prices and consumer perceptions of a product?

Social Studies
1 answer:
Karo-lina-s [1.5K]3 years ago
6 0
Over supply decreases the price of an item. If there is too much of an item on the market the price will decrease because they need to be sold. A consumers perception may be that it is either a very poor product because there is so many being produced.
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