Question
Question 4 of 10
A business has seen demand for its newest product fall rapidly. According to
the law of demand, what is the most likely explanation for why this
happened?
OA. The business created a shortage of the product.
O 8. The business reduced the supply of the product.
OC. The business decreased the product's price.
OD. The business increased the product's price.
Answer
OD. The business increased the product's price.