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The quantity demanded of cars will increase if the price of a car falls because: Question 5 options: The fall in price of cars leads
The quantity demanded of cars will increase if the price of a car falls because: Question 5 options: The fall in price of cars leads consumers to buy less of other forms of transportation and raises consumers' real income. The fall in the price of cars leads consumers to buy more of other forms of transportation and raises consumers' real income. The fall in the price of cars leads consumers to buy less of other forms of transportation and lowers consumers' real income. The fall in the price of cars leads consumers to buy less of other forms of transportation while keeping their real income unchanged. The fall in the price of cars leads consumers to buy more small cars but less large cars
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