What will be the consumer’s demand for a good, if the price of a good falls?

Decreases

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Diminish

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Constant

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Increases

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Solution

The correct option is D
Increases

According to the law of demand, there is an inverse relationship between the price of a commodity and its quantity demanded. Hence, a fall in the price of a good leads to an increase in the consumer’s demand for that good.

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What will be the consumer’s demand for a good, if the price of a good falls?

The correct option is D Increases According to the law of demand, there is an inverse relationship between the price of a commodity and its quantity demanded. Hence, a fall in the price of a good leads to an increase in the consumer’s demand for that good.

The correct option is D
Increases

According to the law of demand, there is an inverse relationship between the price of a commodity and its quantity demanded. Hence, a fall in the price of a good leads to an increase in the consumer’s demand for that good.