Question

When price changes, one should expect a change in (Points : 1)
supply.
demand.
the weather.
technology and income.
quantity supplied.

Answer 1

If prize and nothing else changes, then the next thing that will change in response to this will be the demand: people will buy less of this good if it gets more expensive and more if it becomes cheaper.


then supply/quality supplied might change in a response to the change in demand