How do consumers typically react to a decline in the market price of a good they like to buy frequently?
A) They lose interest in this item.
B) They reduce their work effort since they no longer need such a high income to buy the same amount of this item.
C) They investigate the industry producing this item to see if there was a legitimate reason for production costs to decline.
D) They buy more of the item.
Correct Answer:
Verified
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