Economy, asked by Arshmann12345, 10 months ago

why more of a good is purchased when it's price falls​

Answers

Answered by khairnarsanskriti
0

more of a good is purchased when it's price falls because the buyers have profit

Answered by IonicYadav
0

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 .

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