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Demand for a product is most likely to increase because:
A. consumers expect the future price to decline.
B. demand for complementary goods rises.
C. the total number of consumers in a market declines.
D. the product becomes unfashionable for consumers.
SUBMIT

Respuesta :

dezavenreardon

Answer:

A

Explanation:

THE CORRECT OPTION C .

Demand for a product is most likely to increase because: The total number of customers in a market declines

WHAT IS DEMAND ?

  • Demand refers to the volume of a product that buyers are willing to purchase in the market at a stated price at a given time.
  • As per the law of demand, a high price makes the demand for a product to decline.
  • The more the population, the higher the demand for a product will be.
  • A decrease in population means fewer people will purchase the product in the market. A reduced population results in low demand.

Other factors that affect the demand for a good or service include

  1. An increase or decrease in people's income.
  2. Changes in the price of other related goods.
  3. Increase or decrease  in population size.
  4. Changes in customers preferences.

Learn more about Demand here:

brainly.com/question/25080102

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