When the price of an item goes down, people buy more of it because at a lower
Fantastic news! We've Found the answer you've been seeking!
Question:
When the price of an item goes down, people buy more of it because at a lower price
Options:
-some new people may be willing to enter the market.
-the item is more valuable.
-the marginal cost is more likely to exceed the marginal benefit.
-there is no opportunity cost.
Posted Date: