Which of the following is a result of overproduction (too many products)?

A: Wages increase
B: Prices increase
C: Wages Decrease
D: Prices Decrease

Question

08-01-2022
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Which of the following is a result of overproduction (too many products)?

A: Wages increase
B: Prices increase
C: Wages Decrease
D: Prices Decrease

Sagot :

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BrainlyPh2018idn BrainlyPh2018idn · Answer 1 · 2022-01-08T02:07:16-05:00

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08-01-2022

Answer:

Overproduction, or oversupply, means you have too much of something than is necessary to meet the demand of your market. The resulting glut leads to lower prices and possibly unsold goods. That, in turn, leads to the cost of manufacturing – including the cost of labor – increasing drastically

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