how do lower prices tend to affect demand?\no they tend to increase the availability of a product.\no they…
how do lower prices tend to affect demand?\no they tend to increase the availability of a product.\no they tend to decrease the availability of a product.\no they tend to increase the interest in a product.\no they tend to decrease the interest in a product.
Answer
Brief Explanations:
According to the law of demand in economics, when prices are lower, ceteris paribus, more consumers are willing and able to buy the product, thus increasing the interest in it. Availability is related to supply rather than demand - price relationship in this context.
Answer:
They tend to increase the interest in a product.