Question & Answer

How do lower prices tend to affect demand?

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.

1 Answer

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Quizzma TeamJune 3, 2025

The correct answer is C. They tend to increase the interest in a product.

Explanation: Lower prices typically make a product more affordable for consumers, which can lead to an increase in demand as more people are willing to buy the product at a lower cost. This increase in interest often results in higher sales volume.