Which of the following best describes the law of supply and demand? A. When a desirable product or service is plentiful, its value increases.

B. Businesses can charge extra for products that people use every day.

C. When there is a high demand for a product, it is hard to supply.

D. When a desirable product or service is scarce, its value increases,

The company is experiencing an increase in competition, and at the same time they are building more production facilities in southeast asia. in this scenario, the top management team is most likely to multiple choice increase the cost of their products. restructure to reflect a more bureaucratic, stable organization. pull decision-making responsibility from low-level management, taking it on themselves. give lower-level managers the authority to make decisions to benefit the firm. rid themselves of all buffering product.