Sail E0 Webinar
Question
When prices fall, the decrease in demand for the product when the competitors' prices are not met will be called
Options:
A .  downward supply spiral
B .  upward supply spiral
C .  downward demand spiral
D .  upward demand spiral
Answer: Option C
Answer: (c).downward demand spiral

Was this answer helpful ?
Next Question

Submit Solution

Your email address will not be published. Required fields are marked *

Latest Videos

Latest Test Papers