Which of the following is true when the price of a good or service falls? 1. Buyers who were already buying the good or service are worse off. 2. More buyers enter the market. 3.The total consumer surplus in the market decreases. 4. The total value of purchases before and after the price change is the same.
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Answer:
3
Explanation:
It's only through understanding I don't know the exact.
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Explanation:
2...new consumer enter after price drop ..
example when iphone x price drop to 40k then new consumer also buy...who not able to buy it at 70k
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