Adecrease in the price of a particular product will result in question 7 options: a decrease in the demand for that product. a shift in the production possibilities frontier. an increase in the quantity demanded of that product. an increase in the quantity supplied of that product.

In most cases, a demand curve is assumed to have a negative slope, so ...

... a decrease in the price will result in an increase in the quantity demanded of that product.

There are exceptions: in certain markets, a low price is associated with cheap goods of unsuitable quality (or fashion), so quantity demanded goes down, rather than up.

y = 0.77(x)

step-by-step explanation:

the jacket retains this value after 23% cut or retains 77% of original value. plug original 87 jacket price for x and the remaining value should be y.

c

step-by-step explanation:

i think because what else can be a sample of every member