asked 141k views
0 votes
How will consumers generally react to a decrease in the price of a product?

a. they will purchase less of it.

b. they will substitute other goods for it.

c. they will continue purchasing the same quantity at the lower price.

d. they will purchase more of it?

asked
User OHHH
by
7.5k points

1 Answer

5 votes

You’re answer should be C

answered
User Wajdy Essam
by
7.4k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.