What Is the Effect of a Fall in the Price

question 59

Multiple Choice

What is the effect of a fall in the price of a normal good on the consumer's choice?

• A)She will buy more of the good but reach a lower indifference curve.
• B)She will buy less of the good but reach a higher indifference curve.
• C)She will buy more of the good and reach a higher indifference curve.
• D)She will buy the same quantity of the good and stay on the same indifference curve.
• E)She will buy more of the good and stay on the same indifference curve.

---

Definitions:

Human Nervous System

A complex network of nerves and cells that convey signals between different parts of the body, controlling both voluntary and involuntary actions.

Neurotransmitters

Chemical messengers that transmit signals across a chemical synapse, such as between neurons, to influence or regulate bodily functions.

Neuron

A nerve cell that is the basic building block of the nervous system, responsible for transmitting information through electrical and chemical signals.

Action Potential

A rapid change in the electrical potential that travels along the membrane of a neuron or muscle cell in response to stimulation.