216k views
4 votes
A game store sells the latest Dungeoncrawl game at the suggested retail value. Initially, the game sells well, until a combination of bad reviews and word of mouth reduce the demand drastically. What should the store do to sell the remaining Dungeoncrawl games?

A. Buy more Dungeoncrawl games from the supplier
B. Increase the price to increase demand.
C. Keep the price the same until demand goes up again.
D. Reduce the price until games are sold.

User Jake Duth
by
7.9k points

2 Answers

1 vote

Answer:

D. Reduce the price until games are sold.

Step-by-step explanation:

The resolution of this question is economic, basically refers to the theory of supply and demand. According to this theory, when supply is less than demand, price tends to increase. On the contrary, when supply is greater than demand, price must decrease. This is what happens with these beached products, which do not have enough demand. If the store lowers prices, it is likely that consumers who once thought it was expensive now decide to buy it.

User Hoobajoob
by
8.1k points
5 votes
"Reduce the price until games are sold" is the thing among the choices given in the question that the store should do to sell the remaining Dungeoncrawl games. The correct option among all the options that are given in the question is the last option or option "D". I hope the answer has helped you.
User Jamie Brunton
by
8.7k points