Multiple Choice
Your invention is a hit! Your investment in TV informercials has really paid off, and you've already ordered another 10,000 units to be manufactured. What do you anticipate will happen next?
A) Your supply will exceed your demand, and you'll be forced to lower your price.
B) Demand will skyrocket, allowing you to increase your price.
C) Supply will increase due to copycat products appearing on the market.
D) Your supply will temporarily equal your demand, allowing you to identify the perfect price point.
Correct Answer:
Verified
Correct Answer:
Verified
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