Question

Help? I'm not sure what category Macroeconomics would go under so...
There's no multiple choice :L

Answer 1

What this basically is the supply and demand law/theory.

Say for instance we’re selling scuba gear for… $100 (I don’t know, it works). Say production of making it is $67 and shipping is $12…

Once say, you get enough money you can mass produce the product. Now you have extra product. Demand is dropping, and quantity os rising. You can lower the price of the product so you get more sales and thus more money and then you can keep mass producing.

It’s basically just a supply and demand thing. I don’t know if that helps much.

Answer 2

*is

But basically prices drop as production rises