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Ronch [10]
3 years ago
13

Identify the reasons why the quantity demanded of a product increases as the price of that product decreases. a. as the price de

clines, the real income of the consumer increases b. as the price of product A declines, it makes it more attractive than product B c. as the price declines, the consumer will always demand more on each successive price reduction d. a and b e. a and c
Business
1 answer:
Brut [27]3 years ago
4 0

Answer:

D) A and B

Explanation:

a. as the price declines, the real income of the consumer increases

b. as the price of product A declines, it makes it more attractive than product B

Hope this helps!

Ps. Don't click on those sketchy links.

Have a good day!

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