Question

What does the supply chart tell us about consumers' behavior as the price of the sandwich decreases?

A. The quantity purchased increases as the price decreases.
B. The quantity purchased remains constant as the price decreases.
C. The quantity purchased decreases as the price decreases.

Answer 1

The supply chart tells us that as the price of the sandwich decreases, the quantity purchased increases.

Step-by-step explanation:

The supply chart tells us that as the price of the sandwich decreases, the quantity purchased increases. This is because of the law of demand, which states that as the price of a good or service decreases, the quantity demanded increases. In this case, as the price of the sandwich decreases, consumers are willing to buy more sandwiches, resulting in an increase in quantity purchased.