IDNLearn.com: Where your questions meet expert answers and community support. Ask your questions and get detailed, reliable answers from our community of knowledgeable experts.
if more people try to buy a product because the price has been reduced which most accuretly describes what has been increased?
If more people try to buy a product because the price has been reduced which most accurately describes what is known as an "increase in demand." This increase in demand caused by a reduction in price can be driven by a number of things grouped into a category known as an "increase in supply."
Your engagement is important to us. Keep sharing your knowledge and experiences. Let's create a learning environment that is both enjoyable and beneficial. Your search for answers ends at IDNLearn.com. Thank you for visiting, and we hope to assist you again soon.
