Answers 2026-2027 Personal Finance w Mrs. Roudybush SpendingQuestion 8

8

QuizMultiple Choice

Spending

Question 8 of 10 • 2026-2027 Personal Finance w/ Mrs. Roudybush

Why do prices increase when demand for a product is high?

Answer

A

Companies know they can make more money by selling fewer products at higher prices.

B

Companies know that people will be willing to spend more to get an in-demand product.

C

Companies take advantage of the demand to make people spend more money on excess products.

D

Companies know they can stop production and still make money on sales.

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