Business, 30.01.2020 02:46 hunterthompson5578

How will consumers generally react to a decrease in the price of a product?

a. they will purchase less of it.

b. they will substitute other goods for it.

c. they will continue purchasing the same quantity at the lower price.

d. they will purchase more of it?

Answers: 1

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How will consumers generally react to a decrease in the price of a product?

a. they wil...

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