What affect will a drop in price most likely have

When the price of a commodity drops there is increase in the demand. Consumers tend to buy more as at low prices more goods are available. But there are chances of the supply to remain the same.

So when the demand increases, supply is also needed to be increased. The value of the goods fall. To maintain equilibrium the demand and supply needs to be balanced when price drops to avoid the situation of decrease in demand.

the group i'm selecting: greeks.

a first group of greek immigrants came to the us in the 1850s. the second group came to america starting in the 1890s due to economic opportunities they didn't have back in their home caused by the hardships of ottoman rule. greek immigration was 90% male, many of them expected to work and return to greece after earning enough capital, but ultimately had to remain in the us after the greek genocide.

can you tell me all of statements so i can answer this for you.

until then have a great week.

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