"If a porticular condy is way popular, meaning the demand is high, it usually sells at full price because people are willing to pay it. If there's low demand for something -like if no one's really crazy about a certain condy bar, or it tastes really terrible-the store might try selling it really cheap.And even then people might not buy it.So most of the time, high demand leads to higher prices, low demand leads to lower prices. On the other hand, high supply-when there's lots of a product-usually means lower prices, and low supply-when there's not enough of an item-usually means higher prices!" from "Questions and Answers: Supply, Demand, Production Cost and Pricing."You Are Here, Federal Trade Commission Based on the text.how does demand for an item influence the price at which suppliers offer it? Demand allows consumers to bargain for the best price for an item. High demand for an Item can increase the price. Low demand for an Item can increase the price. Changing demand for an Item always lowers prices. Multiple Choice 1 point

Question

"If a porticular condy is way popular, meaning the demand is high, it usually sells at full price because people are willing to pay it. If there's low demand for something -like if no one's really crazy about a certain condy bar, or it tastes really terrible-the store might try selling it really cheap.And even then people might not buy it.So most of the time, high demand leads to higher prices, low demand leads to lower prices. On the other hand, high supply-when there's lots of a product-usually means lower prices, and low supply-when there's not enough of an item-usually means higher prices!" from "Questions and Answers: Supply, Demand, Production Cost and Pricing."You Are Here, Federal Trade Commission Based on the text.how does demand for an item influence the price at which suppliers offer it? Demand allows consumers to bargain for the best price for an item. High demand for an Item can increase the price. Low demand for an Item can increase the price. Changing demand for an Item always lowers prices. Multiple Choice 1 point

Answer 1

## Step 1The problem is asking us to understand how the demand for an item influences the price at which suppliers offer it. The text provides a clear explanation of this relationship.## Step 2According to the text, when the demand for a product is high, meaning that many people want to buy it, the price is usually high because people are willing to pay it. This is because the high demand indicates that the product is popular and in high demand, which justifies a higher price.## Step 3On the other hand, when the demand for a product is low, meaning that few people want to buy it, the price is usually low. This is because the low demand indicates that the product is not popular and is not in high demand, which justifies a lower price.## Step 4Therefore, the correct answer is "High demand for an Item can increase the price."

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