How do lower prices tend to affect demand? A. They tend to increase the availability of a product.
B. They tend to decrease the availability of a product.
C. They tend to increase the interest in a product.
D. They tend to decrease the interest in a product.
Question & Answer
How do lower prices tend to affect demand?
1 Answer
Verified archiveThe correct answer is C. They tend to increase the interest in a product.
Lower prices generally make a product more attractive to consumers, leading to an increase in demand. When something is cheaper, more people can afford it, which often leads to higher sales and greater interest in that product. If you have any more questions or need further explanations, feel free to ask!