Acar manufacturer rolled out a new car priced at $10,000, but not many people bought it. in the context of supply and demand, how might the price of the car be affected?

Price will come down

Step-by-step explanation:

As per demand price theory we have demands and price are directly related

If demands are more prices increase, thus there will be a positive slope for demand curve. This rule applies for normal goods, except some goods such as essential commodities, goods of prestigious issue, etc.

Hence here cars come under normal goods.

When demands are less i.e. when people are not ready to purchase the car for 10000 dollars, to sell it the prices have to be lowered.  This can be done either as a discount given in the price, or some other free goods along with car when purchased, or directly reducing the price of car to the required level etc.

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