If more consumers enter a market, the market demand will increase.

Name: If more consumers enter a market, the market demand will increase.
Brand: Quizplus
Rating: 4.7 (44 reviews)

Question

Quizplus · Accepted Answer

When more consumers enter a market, they will increase the demand for products or services in that market, leading to an increase in the overall market demand. This is because there are more people competing for the same goods or services, which can lead to higher prices and increased sales for suppliers.

If More Consumers Enter a Market, the Market Demand Will