-As a result of importing a good, domestic consumers ________ the quantity consumed and the price of the good ________.
A) increase; falls
B) decrease; falls
C) increase; rises
D) decrease; rises
E) increase; does not change

Question

-As a result of importing a good, domestic consumers ________ the quantity consumed and the price of the good ________.
A) increase; falls 
B) decrease; falls 
C) increase; rises 
D) decrease; rises 
E) increase; does not change

Quizplus · Accepted Answer

When a country imports a good, it typically results in an increase in the quantity of that good available domestically, which leads to a decrease in the price due to the higher supply. This makes the good more affordable to domestic consumers, who then tend to consume more of it.

-As a Result of Importing a Good, Domestic Consumers ________