Which best explains how the law of demand effects consumers?
a. it consumer know when prices are going down.
b. it consumers know when prices are going up.
c. it consumers tell producers when prices are too high.
d. it consumers tell producers when to make new goods.

B

Explanation:

It helps consumers know when prices are going up because if something becomes extremely high demand, then many people want the product, and producers will raise the price.

probably not? : o

unless you work at a circus or any other job like that. c:

maybe..

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

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