What Is Likely to Happen When the Price of a Good

question 44

Multiple Choice

What is likely to happen when the price of a good falls?

• A) The demand curve for the good will shift to the left.
• B) The quantity demanded of the good will increase.
• C) The demand curve for the good will shift to the right.
• D) The quantity supplied of the good will increase.

---

Definitions:

Supermarkets

Large retail market stores specializing in the sale of food and household items, often organized into sections for convenience and efficiency.

Anchor Stores

A large retail store that attracts people to shop at malls.

Secondary

Pertaining to the second level or stage; often refers to activities, information, or products that are not the primary focus but nevertheless important.

Location Types

Various categories of places where businesses can operate, including urban, rural, industrial, and commercial areas.