Question

In December there is a large demand for evergreen trees. They are sold on city corners...

In December there is a large demand for evergreen trees. They are sold on city corners and parking lots for Christmas. According to the law of supply, what scenario would you expect to see with the Christmas trees?

A。The supply and prices of the trees have increased since October.

b There are bargains and sales in most places selling the trees in order to stimulate demand.

C The demand is decreases in December, so the tree lots are decreasing the number of trees supplied.

Homework Answers

Answer #1

Answer Option B) There are bargains and sales in most places selling the trees in order to stimulate demand.

The reason is that due to Christmas, demand for evergreen trees increases and they are sold in every place from city corner to parking lots. The buyers bargain to purchase if they are not good in lowering price at one place than go to other place. At the same time, sellers want to sell maximum of evergreen trees. Therefore, there are bargains and sales in most places selling the trees in order to stimulate demand.

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