When the items are overstocked, in order to sell them off, the merchants may decide to cut their prices and then make offers for them.
How does a fall in price affect the product?
When the price of the product is lower, people would demand more for it. A high price is known to scare off people.
But when the goods are lower in price, it would become more affordable. People would buy more of it.
Read more on demand and supply here: https://brainly.com/question/4804206
