Ask Question
10 March, 09:24

If all other factors are equal what will happen to the demnad if the price of a product goes down

+1
Answers (2)
  1. 10 March, 11:00
    0
    If prices go down, then demand for a product will increase. The lower the price the easier it will be to get purchase the product. On the flip side, if prices go up, then demand goes down, due to it being harder to afford.
  2. 10 March, 12:54
    0
    other factors are equal, supply will reduce as the prices go up ... As prices go up, demand for the product will go down
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “If all other factors are equal what will happen to the demnad if the price of a product goes down ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers