Question

rts.
What does the graph show about the relationship between
a product and its price?
As the amount of a product goes up, the price goes up.
As the amount of a product goes down, the price goes
up.
As the interest in a product goes up, the price goes up.
As the interest in a product goes down, the price goes
up.

Answer 1

Explanation:

The answer is C because when an interest of a product goes up, the price has to go up to make more money. Companies want a lot of interest to a certain product to increase the attention of buying the product, when more and more people buy the product, they should increase the price to make More Money.

Answer 2

The information which the graph shows about the relationship between a product and its price is: C. as the interest in a product goes up, the price goes up.

What is price?

Price can be defined as an amount of money which is primarily set by the seller of a product, and it must be paid by a buyer (consumer) to the seller (producer), so as to enable the acquisition of this product or service.

As a general rule in Economics, there is a linear (direct) relationship between a product and its price when the interest of buyers (consumers) in a product goes up (increases).

Based on the graph, we can infer and logically conclude that as the interest of buyers (consumers) in a product increases, the price would also increase.

Read more on price here: https://brainly.com/question/3036075

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