In general, when the price of a normal good rises, consumers will purchase _____ of the good.
A) more
B) less
C) none
D) the same amount

Name: In general, when the price of a normal good rises, consumers will purchase _____ of the good. A) more B) less C) none D) the same amount
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Question

Quizplus · Accepted Answer

When the price of a normal good rises, consumers typically purchase less of it due to the law of demand, which states that, ceteris paribus, as the price of a good increases, the quantity demanded of that good decreases.

In General, When the Price of a Normal Good Rises