A car manufacturer rolled out a new car priced at $10,000, but not many people bought it. In the context of supply and demand, how might the price of the car be affected?
A.
The price will become $12,000.
B.
The price will become $8,000.
C.
The price will remain $10,000.

Question

A car manufacturer rolled out a new car priced at $10,000, but not many people bought it. In the context of supply and demand, how might the price of the car be affected?
 A. 
The price will become $12,000.
 B. 
The price will become $8,000.
 C. 
The price will remain $10,000.

xXChudLord420Xx · Answer

Price decrease to get people to buy the car.

59mandotory · Answer

thanks

xXChudLord420Xx · Answer

More people would buy the cheaper car and they would start making a profit again, although less than then would originally want.