If the demand for apples decreases at the same time the supply of apples increases, the price of apples will tend to fall.

Name: If the demand for apples decreases at the same time the supply of apples increases, the price of apples will tend to fall.
Brand: Quizplus
Rating: 4.8 (39 reviews)

Question

Quizplus · Accepted Answer

This is due to the law of supply and demand, which states that when demand decreases and supply increases, prices tend to decrease. This is because there is more supply than demand, and sellers must lower prices to attract buyers.

If the Demand for Apples Decreases at the Same Time