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Which events could cause the increase in demand shown on this graph? Check all that apply.

a product becomes more popular
the number of consumers interested in a product drops
a company’s competitor lowers its prices
a company offers a better product than its competition
the price of the product has gone down

2 Answers

4 votes

Answer:

The answers are A&D

on edge 2020

Step-by-step explanation:

Which events could cause the increase in demand shown on this graph? Check all that-example-1
answered
User Scrutinizer
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5 votes
Answers:
A product becomes more popular
A company offers a better product than its competition

The second one would not be a valid answer because this would cause a decrease in demand, as would if a company's competitor lowered their prices and if the price of a product goes down.
answered
User Jacob Boertjes
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7.8k points

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