Question

Positive consumer experience with a good or service tends to result in an increase in all of the following EXCEPT: A. consumer demand B. quantity of supply C. consumer price D. cost of production

Answer 1

Answer:

Option "D". Cost of Production.

Explanation:

The positive experience of the customers exhibits that customer is satisfied with the commodity. Hence, a satisfied customer will always consume and demand that commodity. Therefore, the producer will induce to supply more and an increase in demand will push the price upward. Therefore, option "A", "B" and "C" tend to increase but option "d" does not relate to it.

Therefore, option "d" is correct.

Answer 2

Answer:

Your answer is D

Explanation:

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