curlyheadarlyn curlyheadarlyn

Today at 5:04 PM
Social Studies

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why do lower prices increase the demand for product or services

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charlestona81 charlestona81

Today at 5:09 PM

The supply and demand model states that the price of a good will be the level where the quantity demanded equals the quantity supplied

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Аноним Аноним

Today at 5:08 PM

This is because when things have a lower price, more people start buying that product. And when more people start buying that product, more of that product needs to be produced. It's basically cause and effect.

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