Question

Why more goods are purchased when price falls?

Answer 1

your answer:-

Price and quantity demanded always move in opposite direction so whenever price falls more goods are demanded and whenever price rises less goods are demanded

→ when price falls consumers would take the advantage of buying these goods at cheap rates and will hoard (save) them .

@ananya☺

Answer 2

Answer:

According to the law of demand there is an inverse relationship between price and quantity demanded of a good ; ceteris paribus ( other things remaining equal ) . When price falls other things such as quality , preference etc remaining equal the consumer can afford more goods at the same given budget or income .