Multiple Choice
If there is a decrease in demand
A) firms would be willing to supply less of the good than before at each possible price.
B) buyers are willing to purchase less of the good than before at each possible price.
C) buyer's taste for the good has increased.
D) the price of the product has increased, causing consumers to buy less of the product.
Correct Answer:
Verified
Correct Answer:
Verified
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