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The relationship between supply, demand and price (i.e., law of supply and demand)

usually influences the economic decisions of consumers and producers in mixed and
market economies. How do boycotts, buycotts and cash mobs disrupt this relationship?​

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User Mazoula
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1 Answer

4 votes

Answer: Boycott is the restriction from the use of any kind of service or commodity from purchase and use.

Step-by-step explanation:

Boycott and cash mobs are likely to limit the purchase and use of goods and services. This is generally influenced by the decisions of the consumers. This will have a negative effect on production of goods and services and later on as the demand will drop then the price will also drop thus the will affect the economy of the market. The producers will face a huge loss in monetary gains.

answered
User Prasanna Sundar
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