Question

((PLS HELP ASAP)) How did the economic law of supply and demand increase the wealth of business owners during the Industrial Revolution?

a- Mass production led to greater supplies, which meant that more natural resources were needed to meet the demand.
b- As mass production lowered the prices of goods, many more consumers bought them, which increased demand.
c- Consumers demanded lower prices as they came to rely or more types of supplies.
d- Business owners were able to increase profits by lowering their workers' wages but still charging the same price for goods.

Answer 1

B

Step-by-step explanation:

With the increase in demand as the prices dropped, big business owners were able to raise the prices again just enough to make more money without raising wages for their workers.