Select the correct answer.

When does the price of an item increase?

A. when supply is greater than demand

B. when demand is greater than supply

C. when the cost of manufacturing the item decreases

Question

English

Derrick Lang

22 March, 17:25

Select the correct answer.

When does the price of an item increase?

A. when supply is greater than demand

B. when demand is greater than supply

C. when the cost of manufacturing the item decreases

+5

Answers (2)

Know the Answer?

Monique Park · Answer 1

Answer: B would be the best answer

Aidan Bridges · Answer 2

B. When demand is greater than supply

Explanation:

When people want more then is in stock then the price goes up because people are willing to pay it.

A. When supply is greater than demand

If they have more product then demand the price would not raise because people already have a low demand. So the price would lower.

C. When the cost of manufacturing the item decreases

If the cost to make the item decreases the price will also decrease.

Select the correct answer.When does the price of an item increase?A. when supply is greater than demandB. when demand is greater than supplyC. when the cost of manufacturing the item decreases

Select the correct answer.

When does the price of an item increase?

A. when supply is greater than demand

B. when demand is greater than supply

C. when the cost of manufacturing the item decreases