If the Price of a Good Increases, Other Things Held

Multiple Choice

If the price of a good increases, other things held constant, then

A) more resources might flow into the production of the good.
B) the good has become less scarce than all other goods.
C) the relative price of the good decreases.
D) either buyers or sellers respond to the new price, whereas the opposite group does not.
E) the good becomes more desirable to consumers.