One Reason That the Quantity Demanded of a Product Increases

question 29

Multiple Choice

One reason that the quantity demanded of a product increases when its price falls is that:

• A)consumer incomes have decreased
• B)the product is no longer new on the market
• C)the product has greater value in terms of satisfaction per dollar spent
• D)the product is being produced in Canada
• E)the prices of other products must have fallen as well

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Consumer-to-Consumer, a business model where trade, exchange, or transactions occur between consumers, facilitated by a third party or platform.

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