Indicate whether the following events would cause an​ "increase or a decrease in demand or an​ "increase or a decrease in the quantity demanded​"

for​ cable-based Internet access​ service, which is a normal good.

a. Firms providing wireless​ (an alternative to​ cable) Internet access services reduce their prices. This will cause​ a(n)

A.
decrease in quantity demanded.
B.
increase in demand.
C.
decrease in demand.
This is the correct answer.
D.
increase in quantity demanded.

3 answers

C. decrease in demand.
rms providing​ cable-based Internet access services reduce their prices. This will cause​ a(n)
Part 5
A.
decrease in demand.
B.
decrease in quantity demanded.
C.
increase in quantity demanded.
D.
increase in demand.
D. increase in demand.