Explain How an Excess Supply Would Lead to a Decrease

question 247

Essay

Explain how an excess supply would lead to a decrease in prices in an unregulated market.

---

Definitions:

Multigenerational Marketing

Marketing strategies designed to appeal to consumers from several age groups or generations, taking into account their varying preferences and values.

Concentrated

Having a high density or intensity of a particular attribute or substance in a specific area.

Differentiated

Describes a strategy or process by which a company distinguishes its products or services from those of its competitors, often through unique features, quality, or service.

Mass

A property of physical objects that quantifies the amount of matter they contain, often associated with weight.