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At the lowest price for jeans, consumers will demand the _____ jeans, and producers supply the _____ jeans.

Least, Most
Most, Least
Least, Lease

User DhiwaTdG
by
6.0k points

2 Answers

2 votes
least and most i assume
User Christian Achilli
by
6.4k points
6 votes

Answer: Second option is correct.

Explanation:

Since we have given that

At the lowest price for jeans , consumer will demand the most jeans.

As the relationship between the demand and price is inversely related.

At the lowest price for jeans, producer supply the least jeans.

As the relationship between the supply and price is directly related.

Hence, At the lowest price for jeans, consumers will demand the most jeans, and producers supply the least jeans.

Hence, Second option is correct.

User Willeke
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6.8k points