Social Studies

Korbin

25 July, 03:48

How is production related to supply and demand?

A. Decreased production tends to result in stagnant prices, which results in lower demand.

B. Increased production tends to result in lower prices, which usually leads to greater demand.

C. Stable production results in a change in prices, which results in lower demand.

D. Maintained production results in more governmental control of prices, which results in undetermined changes in demand.