Which scenario does this graph illustrate?

Companies need to maximize production, so they will produce less and charge more.

Companies want to make money, so they increase production as price increases.

Consumers need to spend wisely, so they will purchase more goods at a lower cost.

Consumers want a good deal and will pay more money for a quality product.

Question

Mitzi

8 May, 20:37

+5

Answers (1)

Know the Answer?

Kelsie Keith · Answer 1

This graph illustrates:

Companies want to make money, so they increase production as price increases.