summerc222
contestada

Demand for a product is most likely to increase because
A consumers develop a preference for a competing product
B. demand for complementary goods decreases.
х
c. the total number of customers in a market declines
D. a product's price is rumored to rise in the future.
X Incorrect

Respuesta :

Samawati

Answer:

The total number of customers in a market declines

Explanation:

Demand refers to the volume of a product that buyers are willing to purchase in the market at a stated price at a given time. As per the law of demand, a high price makes the demand for a product to decline. Other factors that affect the demand for a good or service include

  1. An increase or decrease in people's income.
  2. Changes in the price of other related goods
  3. Increase or decrease  in population size
  4. Changes in customers preferences

The more the population, the higher the demand for a product will be. A decrease in population means fewer people will purchase the product in the market. A reduced population results in low demand.

Answer:

D. a product's price is rumored to rise in the future.

Explanation:

ape x

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