eulaliajackson3 eulaliajackson3
  • 11-09-2022
  • Advanced Placement (AP)
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Black Friday, the day after Thanksgiving, is the busiest day of the year in the United States. Using the concept of the Law of Demand, explain why you think this is the case.

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kendallsykes10p4b3jl
kendallsykes10p4b3jl kendallsykes10p4b3jl
  • 11-09-2022
Black Friday indeed is the busiest day of the year, and this is the case because the demand for products increases when deeper discounts come around. Demand always increases according to the dropping of the price in a significant way. It works the same way for inflation; when prices increase, less people will want to buy the products.
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