Question

At the lowest price for a product, consumers will demand the _____ goods and services, and producers will supply the _____ goods and services. least, most most,least most, most

Answer 1

most, least

Step-by-step explanation:

• As the law of demands states that increase in demand for a commodity the supply decreases and the prices rises so as raise the demand more and when the demands decline the supply becomes normal and price fall.

• Thus the at the lowest price the consumer may demand more of the product which when short supply may lead to an increase in the price of the goods and services as the products tend to earn a higher profit margin n the product as its high in demand.

• To create a holding of stocks to raise the price and goods and services thus gets reduced in volume.