Westonci.ca is the best place to get answers to your questions, provided by a community of experienced and knowledgeable experts. Explore a wealth of knowledge from professionals across different disciplines on our comprehensive platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.
Sagot :
The question is asking to choose among the following choices that might happen base on the situation that is stated in you question, and base on my further research and understanding about the said question, for me, the answer would be letter D. The quantity demanded would increase. I hope this would help
I believe the answer is: The quantity demanded would increase.
As the price of a product goes down, more customers would be able to bought the product, which would increase the quantity demanded .
This law of economic only applicable to elastic goods (non-essentials) such as fruits, electronics, vehicles, etc. For essential goods, the change in price wouldn't necessarily affected the demand.
As the price of a product goes down, more customers would be able to bought the product, which would increase the quantity demanded .
This law of economic only applicable to elastic goods (non-essentials) such as fruits, electronics, vehicles, etc. For essential goods, the change in price wouldn't necessarily affected the demand.
Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thank you for visiting Westonci.ca, your go-to source for reliable answers. Come back soon for more expert insights.