What Is the Effect of a Decrease in the Price

question 121

Multiple Choice

What is the effect of a decrease in the price of a product?

• A)It will decrease the demand.
• B)It will increase the demand.
• C)It will decrease the quantity demanded.
• D)It will increase the quantity demanded.

---

Definitions:

Vertical Ruler

A tool displayed along the side of a workspace in graphic design or word processing software, helping users align and measure elements.

Sequentially

In a consecutive or successive order, following one after another without interruption.

Note Text

Text that is used to provide additional information or clarification, often seen as footnotes or side notes.

Horizontal Ruler

A tool within software applications used to align text, graphics, or tables, typically displayed at the top of the document window.