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23 October, 20:34

Q: The idea of supply and demand is based on the development of

A) business decisions in a thriving economy.

B) sufficient products to meet consumer wants.

C) governmental laws that regulate the economy.

D) business efforts to improve product appeal to consumers.

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Answers (1)
  1. 23 October, 21:34
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    The idea of supply and demand is based on the development of B) sufficient products to meet consumer wants. If the company itself created the product that has an increase in demands from the consumer, they must create more to meet the demands, therefore increasing their supplies.
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