What will occur when the price of a good or service falls
A)Buyers who were already buying the good or service are worse off.
B)Some new buyers, who are now willing to buy, enter the market.
C)The total value of what is purchased decreases.
D)The total value of what is purchased increases.

Question

Quizplus · Accepted Answer

When the price of a good or service falls, it becomes more affordable, attracting new buyers who were previously unwilling or unable to purchase at the higher price.

What Will Occur When the Price of a Good or Service