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10 August, 18:15

What is likely to happen when consumers

hear reports that make them worry about a product's

safety? Explain the possible effect on demand and price.

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Answers (1)
  1. 10 August, 19:09
    0
    Answer:When consumers hear something that makes them worry that a product is not safe, that tends to decrease the number of people buying that product which means the demand goes down, and the price goes up because of less business.
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