Question

If there is little demand for a product, the price for that product will

A. Be higher B.stay the same C.be lower

Answer 1

If there is little demand for a product, the price would be lower because not many people want that product, however if the price is lower they may be able to sell more of said product.

Hope this helps!!!

Answer 2

C because when you want something less they make it cheaper hoping you’ll want it more. McDonald’s coffee is cheaper then Starbucks making it a bargain and poor people want it