If consumers start to believe they need a product, what is likely to happen? A. The demand becomes less elastic. B. The demand becomes more elastic. C. The supply decreases. D. The price decreases.

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asked May 20, 2024 81.0k views

5 votes

If consumers start to believe they need a product, what is likely to happen?

A.
The demand becomes less elastic.
B.
The demand becomes more elastic.
C.
The supply decreases.
D.
The price decreases.

English
high-school

KennyZ asked

by KennyZ

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1 Answer

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Answer: The Answer is A-The demand becomes less elastic

Nadim Al Abdou answered May 25, 2024

by Nadim Al Abdou

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