t4jsb6h9bk t4jsb6h9bk
  • 17-04-2024
  • Mathematics
contestada

As the price decreases, the
O demand
O supply
O quantity demanded
O quantity supplied
will increase.

Respuesta :

pgvaj31 pgvaj31
  • 17-04-2024
As the price decreases, the quantity demanded will increase. This is the fundamental principle of the Law of Demand.
Here's why:
* Lower prices make goods more attractive: When prices decrease, consumers have more purchasing power and are more likely to buy a product.
* Opportunity cost: At lower prices, the opportunity cost of not buying the product increases. This encourages consumers to purchase more.
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