What would cause prices to drop?
Which of the following would cause prices to drop? A.) Increased production by business. B.) Increased taxes on business. C.) Higher levels of demand by consumers. or D.) A reduction in the money supply. I would truly appreciate any help. This question has been stumping me for 2 days.THANK YOU:)))
2 answers
Hmmmm. Henry Ford demonstrated the great industrial breakthru on automobiles. Once the production increased, auto prices were affordable.
Is this I/O (industrial/organizational) psychology? Otherwise, I see no connection between the question and psychology.
However, I agree with the previous answer, especially if the business was overstocked with the product.
However, I agree with the previous answer, especially if the business was overstocked with the product.
1 answer