Other Things Held Constant,the Lower the Price of a Good

question 137

Multiple Choice

Other things held constant,the lower the price of a good:

• A) the lower the demand.
• B) the higher the demand.
• C) the greater the consumer surplus.
• D) the lower the consumer surplus.

---

Definitions:

Softens The Blow

A phrase used to describe actions or words that make a negative situation seem less severe.

Bad News

Unfavorable or distressing information that needs to be communicated.

Reader

An individual who engages with written or printed material, interpreting and understanding its content.

Crisis Management Plan

Plan that defines operational procedures to deal with a crisis, including communication tasks and responsibilities.