trapbran trapbran

03-04-2020
Social Studies

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How does over-supply affect prices and consumer perceptions of a product?

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T0pp1ngs T0pp1ngs

12-04-2020

Answer:

Over supply means lower prices. The company will be wanting to get rid of their product and will offer them at a lower price. Consumers will be more likely to buy more of it if it isn't as expensive as when they usually buy it.

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