When the new toys come out in December, what happens to the toy that was most popular LAST year?

Question

The demand is high, so the price is higher.

The demand is high, so the price is lower.

The demand isn’t as high, so the price is higher.

The demand isn’t as high, so the price is lower.

Answer 1

When new toys come out in December, the toy that was most popular last year typically sees a decrease in demand, as consumers may be more interested in the new releases. Therefore, the correct outcome would be:

The demand isn’t as high, so the price is lower.

As demand decreases, prices usually drop to encourage sales.