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because people buy different quantities of a product when its price changes.we say that prices act like an square that influences our

Question

Because people buy different quantities of a product when its price changes.we say that prices act like an square that influences our

Solution

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4.3 (278 Votos)
Alexandre Mestre · Tutor por 5 anos

Resposta

Because people buy different quantities of a product when its price changes, we say that prices act like an **incentive** that influences our purchasing decisions. Prices can encourage consumers to buy more or less of a product depending on whether the price is low or high, respectively.