1. If a product is selling so well that the price can be raised over time, what is the company producing it likely to do? stop producing the product produce the same amount of the product produce more of the product produce less of the product

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Sandra Johnson

4 September, 09:34

1. If a product is selling so well that the price can be raised over time, what is the company producing it likely to do? stop producing the product produce the same amount of the product produce more of the product produce less of the product

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Jair Stanton · Answer 1

More and likely produce more of the product to have a bigger profit margin

Pearson · Answer 2

If a product is selling so well that the price can be raised over time, it is likely that the company producing this product will produce more of this product, because they want to maximize profits.