Answered

At Westonci.ca, we make it easy to get the answers you need from a community of informed and experienced contributors. Discover comprehensive answers to your questions from knowledgeable professionals on our user-friendly platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

Buying response to a teeth whitening product is considered to be elastic. This would suggest dropping the price would result in:

Sagot :

Tundexi

The drop in the price of the teeth whitening product would result in its increased quantity demand.

Let first understand that the buying response to the teeth whitening product means that the demand for the teeth whitening product is elastic.

Elastic demand depict that demand of a product is likely to change when an economic factor changes(i.e. Change in price)

So, the law of demand state that "the lower the price, the higher the quantity demanded".

Therefore, in conclusion, the drop in the price of the teeth whitening product would result in its increased quantity demand for the product.

Learn more about this here

brainly.com/question/15654343

Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.