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.
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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 ย 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