QUESTION IMAGE
Question
- what happens if consumers reject a product in a capitalist system? the government will force its production the product becomes mandatory the price always increases the company will stop producing it
Brief Explanations
In a capitalist system, production is driven by consumer - demand. If consumers reject a product, there is no market for it, and companies aiming for profit will stop producing it. The government generally does not force production in a free - market capitalist system, products don't become mandatory just because of consumer rejection, and rejection usually leads to price decreases or production halt rather than price increases.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
The company will stop producing it