Ask Question
BusinessBusiness
17 January, 10:02

When a fruit or vegetable (such as strawberries or lentils) is in season, the demand for it will increase as it becomes cheaper.?

+2
Answers (1)
  1. 17 January, 10:28
    0
    Answer: True

    According to the law of demand, the demand for a good increases when its price falls. Thus, when a fruit or vegetable is in season, it is relatively less expensive than in off seasons. Thus, consumers buy more of these seasonal fruits in season. Thus, demand for the good increases when it becomes cheaper.

    Thus, the statement is true.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “When a fruit or vegetable (such as strawberries or lentils) is in season, the demand for it will increase as it becomes cheaper.? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Cindy, age 63, who is single has a son Mark, age 43, who lived with her all year and she provided all of his support. No one else lived in the home. Mark does not work and he is not disabled.
Answers (1)
In the eyes of a lender, when financing a residence, what advantage does an investor have over owner-occupied borrowers?
Answers (1)
Which is the most common type of precipitation?
Answers (2)
Green Corporation is incorporated on March 1 and begins business on June 1. Green's first tax year ends on October 31, i. e., a short year.
Answers (1)
A basic concept in economics is that all resources are?
Answers (1)
New Questions in Business
News about the airport closing spread from the public safety manager to the deputy directors to members of airport security to aircraft rescue personnel to administrative assistants and then to the rest of the airport employees.
Answers (1)
Machinery was purchased for $460000 on January 1, 2022. Freight charges amounted to $15000 and there was a cost of $34000 for building a foundation and installing the machinery.
Answers (1)
John has just won the state lottery and has three award options from which to choose. He can elect to receive a lump sum payment today of $46 million, 10 annual end-of-year payments of $7 million, or 30 annual end-of-year payments of $4 million.
Answers (1)
Why should you read the label on a bottle twice before using its contents?
Answers (1)
Steve is a fan of the los angeles lakers basketball team. with little provocation, he will engage you in a debate about whether it is the greatest team in basketball. what may steve be demonstrating
Answers (1)
Home » Business » When a fruit or vegetable (such as strawberries or lentils) is in season, the demand for it will increase as it becomes cheaper.?
Sign Up Forgot Password?