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Question 9 3 Points How do buyers respond to a fall in price? If the price of one good falls, buyers buy more because their
Question 9 3 Points How do buyers respond to a fall in price? If the price of one good falls, buyers buy more because their budget allows them to buy more, even while still buying the same amounts of everything else B If the price of one good falls, buyers will buy less of that good because that will allow them to afford other, more expensive goods. C If the price of one good falls, buyers will buy less of that good because a low price is a signal of poor quality Question 10 4 Points Which of the following non-price determinants would result in a shift in the entire demand curve for coffee right? Choose all that apply. A More people are moving to urban centers, where there are more coffee shops B The price of tea, which people often substitute for coffee, has increased C Drinking coffee is no longer fashionable D The income of middle-class professionals, who are the biggest buyers of coffee, has been steadily decreasing
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