23-10-2020
Social Studies

contestada

The graph shows the supply and demand curves for a certain product, which has a current selling price of $500. The laws of supply and demand most support which conclusion about the product?

A. The current selling price for the product is too high.
B. The current selling price for the product is too low.
C. The current selling price for the product is the result of a shortage.
D. The current selling price matches the product's equilibrium price.

The graph shows the supply and demand curves for a certain product which has a current selling price of 500 The laws of supply and demand most support which con class=

Respuesta :

Arcticblastpro Arcticblastpro

27-10-2020

Answer:

B

Explanation:

The current selling price for the product is too high!

Answer Link

kanikabajaj294 kanikabajaj294

17-05-2022

The above graph shows the supply and demand curves for a certain product that has a current selling price of $500 is that the current selling price for the product is too low.

What do you mean by selling price?

A selling price refers to the price needed to pay by the customer to purchase a product or a commodity.

The laws of supply and demand support the conclusion that the current selling price for the product is too low.

Therefore, B is the correct option.

Learn more about the selling price here:

https://brainly.com/question/21903283

#SPJ2

Answer Link

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