When the Price of a Good Decreases

Multiple Choice

When the price of a good decreases:

A) the good becomes less expensive relative to other goods and the consumer's purchasing power increases.
B) the good becomes less expensive relative to other goods and the consumer's purchasing power decreases.
C) the good becomes more expensive relative to other goods and the consumer's purchasing power increases.
D) the good becomes more expensive relative to other goods and the consumer's purchasing power decreases.