Business Studies, asked by akashsahi143, 5 months ago

1.. how does demand affect the price of a product?

business studies ok ​

Answers

Answered by amitkaffi1233
1

Answer:

demand affect the price of a product because if the price is very necessary for all it can be sold at high prices because it is the need of everyone for example food

Answered by urproblemsolver
1

Answer:

when demand of goods increases it's production increase and when production increase wages of laboure who made it increases and when wage increases , price of product automatically increase

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