Refer to the Above Supply and Demand Graph of Product

question 36

Multiple Choice

Refer to the above supply and demand graph of Product X. What would happen if the government decided to also start providing Product X in the market?

• A) Demand would decrease
• B) Demand would increase
• C) Supply would decrease
• D) Price would decrease

---

Definitions:

Marketing Plan

A comprehensive strategy outlining an organization's advertising and marketing efforts, including target markets, marketing objectives, and initiatives to achieve them.

Ability To Make A Profit

The ability to make a profit reflects a business's capacity to generate more revenue than its expenses through its operations and strategies.

Manufacturing And Operations

The processes involved in producing goods and overseeing all aspects of production, from the raw materials stage to the final product.

Adequate Parking

The availability of enough parking spaces to meet the needs of a venue, facility, or location, contributing to its accessibility.