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25 March, 22:30

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

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Answers (2)
  1. 25 March, 22:38
    0
    Answer: B would be the best answer
  2. 25 March, 22:55
    0
    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.
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