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When is a manufacturer most likely to RAISE the price of a product? when demand for the product increases when a competitor makes a better product ОООО C when a cheap substitute…

When is a manufacturer most likely to RAISE the price of a product? when demand for the product increases when a competitor makes a better product ОООО C when a cheap substitute…
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When is a manufacturer most likely to RAISE the price of a product?

when demand for the product increases
when a competitor makes a better product
ОООО
C
when a cheap substitute for the product appears in stores
when the cost of raw materials declines

asked
User Broxzier
by
8.6k points

1 Answer

8 votes

Answer:

Its (A) When demand for the product increases

Explanation: I just tooke the Economics Exam.

answered
User Jleeothon
by
8.0k points
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