How does over supply affect prices and consumer perceptions of a product

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20-11-2017
Advanced Placement (AP)

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How does over supply affect prices and consumer perceptions of a product

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slowfast12 slowfast12 · Answer 1 · 2017-11-21T00:57:54+01:00

slowfast12 slowfast12

21-11-2017

The sellers may want to get rid of the product because it may be taking up space in inventory so they will sell it for less, this will affect consumer perceptions because there will be more people with the product which will allow more people to see the product.

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