a ____ is an equivalent or comparable good or service which can drop demand for the original good or service lowering prices over time A. price point B. Market C. Sale D. Substitute

D. Substitute

can you answer another question

Of course! Please go ahead and ask your question.

a popular cell phone manufacturer begins selling a new phone with many unique features and is improved. lots of people want to but the phone the old phone cost $149.00 what is the most likely price of the new phone A. 199 B. 89 C. 139 D 79

Based on the given information that the new phone has many unique features and improvements, it is most likely that the price of the new phone would be higher than the old phone. Therefore, the most likely price of the new phone would be A. $199.00.

what does relative price compare A. the price after sale discounts are applied B. the price that a seller wants to pay to the price that the seller acully ppays c. the price that buyers pay compared to the price the seller ask d. the price of one good or servicecompared ro another similiar one

D. the price of one good or service compared to another similar one.

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Absolutely! Please feel free to ask as many questions as you'd like.

what means a business made too much and many waste money on resources making products that will not get used or be thrown out A. surplus B. shortage C. equilibrium occurrence