Question

question 8 of 10
when the supplies are endless, prices tend to ______.

a. stay the same
b. increase
c. decrease
d. fluctuate

Explanation:

In economics (a subfield of Business), the law of supply and demand states that when supply is abundant (endless here, implying very high supply), if demand remains relatively stable, the price of a good or service tends to decrease as sellers compete to sell their excess supply. So with endless supplies, prices tend to decrease.

Answer:

C. decrease