In what following cases must price always fall?

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1148482

2026-03-11 09:45

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Price must always fall in cases of excess supply, where the quantity of goods available exceeds consumer demand, leading sellers to lower prices to stimulate sales. Additionally, when there is a significant decrease in consumer income or a shift in consumer preferences away from a product, prices typically decline as sellers attempt to attract buyers. Lastly, in markets experiencing intense competition, prices may fall as companies undercut each other to gain market share.

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