Which scenario best reflects the relationship between production and demand in a recession?
Car dealerships have minimal overstock.
Car dealerships are not restocking.
Car dealerships cannot sell their stock.
Car dealerships cannot obtain stock.
Answers
Explanation:
Car delaershio have minimal overstock
Car dealerships cannot sell their stock.
Option C
Explanation:
The term recession is referring to situations in which any country suffers negative growth in its GDP for at least two consecutive quarters.
Basically it is an indicator that the economy of a country decreases and due to economic downfall and effect implies a decrease in investment and it increase the unemployment and also decrease the wages, likewise there is a decrease in consumption, with fewer people occupied and with a lower economic capacity the level of expenses of population decreases.
With less consumption, the decrease in business income is accentuated, which again affects the loss of jobs and the closure of businesses.
To learn more about Car:
a person has bought a car of worth 15 lacs is now facing some problem in its but the car companies not responding to him to his agency can the person complain
https://brainly.in/question/9067583
Your brothers has purchased a new car describe it in 2-3minutes.
View points
*what is its makes?
* what is its colour?
https://brainly.in/question/9790150