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A celebrity says on TV that shoes are not cool anymore and people should go barefoot. People stop buying as many shoes as before. The demand for shoes decreased. What will happen to the price of shoes?
Answer:

EXAMPLE;
The supply of shoes just increased. Stores have more shoes to sell than ever before. What will happen to the price of shoes?

Answer: The price of shoes will go down, or decrease.

Respuesta :

Answer:

The price of shoes would go down because the seller wants people to buy his shoes so if he lowers the price then everyone most likely come to buy them again.

Explanation:

its exactly like what was happening with the stock and buisnesses when the corona virus first hit

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