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IF DEM AND E XCEE DS SU PPLY THE PRIC ES A. Stay the Same B. at First Rise Then Fall C. Rise D. Fall

Вопрос

IF DEM AND E XCEE DS SU PPLY THE PRIC ES a. stay the same b. at first rise then fall c. rise d. fall

Решения

3.9 (134 Голоса)
Савва
Экспертная проверка
мастер · Репетитор 5 лет

Ответ

'C'

Объяснение

## Step 1The problem is asking about the behavior of prices when the demand and supply of a product increase. ## Step 2In economics, the price of a product is determined by the interaction of supply and demand. ## Step 3When both demand and supply increase, the price typically rises. This is because the increase in demand indicates that more consumers are willing to buy the product, which can drive up the price. ## Step 4Simultaneously, the increase in supply indicates that more of the product is available, which can also drive up the price. ## Step 5Therefore, when both demand and supply increase, the price generally rises.