Coping With The Stress Of Black Friday Shopping

The video discusses the impact of supply and demand on prices, highlighting the current supply chain crisis exacerbated by high demand and labor shortages. It suggests that while some products may be available at a discount due to excess supply, these are rare. Consumers are advised to remain calm, search more widely, and adapt their purchasing strategies. The video concludes with a look at potential improvements in the supply chain as the pandemic is controlled and mentions the average Black Friday discount.

What happens to prices when supply is low and demand is high?

• Prices increase

• Prices decrease

• Prices fluctuate randomly

• Prices remain stable

What is one of the main factors contributing to the supply chain crisis?

• Stable supply levels

• Excessive production

• Labor shortages

• Low consumer demand

How can consumers find good deals during the supply chain crisis?

• By purchasing only popular items

• By avoiding shopping altogether

• By looking for products with excess supply

• By buying products at full price

What should consumers do to adapt to the current supply chain issues?

• Search more widely and adjust strategies

• Wait for the crisis to resolve itself

• Stick to their usual shopping habits

• Panic and buy in bulk

What is the average discount percentage for Black Friday according to WalletHub?

• 25%

• 32%

• 50%

• 40%