Social Studies, 27.01.2020 19:31 desiree3114

What typically happens when consumer demand for a product increases?

a.
the price of the product increases.
b.
people change their mind about buying the product.
c.
producers decrease production of the product.
d.
the government regulates the price of the product.

Answers: 2

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What typically happens when consumer demand for a product increases?

a.
the price...

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More questions: Social Studies Another questions

What typically happens when consumer demand for a product increases? a. the price of the product increases. b. people change their mind about buying the product. c. producers decrease production of the product. d. the government regulates the price of the product.

Answers

Another question on Social Studies

What typically happens when consumer demand for a product increases?

a.
the price of the product increases.
b.
people change their mind about buying the product.
c.
producers decrease production of the product.
d.
the government regulates the price of the product.