-When the relative price of computers falls, consumption possibilities ________ because ________.
A) will change; consumers respond to lower relative prices by buying larger quantities of the good
B) will not change; changes in technology will always lower computer prices
C) will change; greater quantities of computers will be produced
D) will not change; people don't need to buy multiple computers at one time
E) None of the above answers is correct.

Question

-When the relative price of computers falls, consumption possibilities ________ because ________.
A) will change; consumers respond to lower relative prices by buying larger quantities of the good 
B) will not change; changes in technology will always lower computer prices 
C) will change; greater quantities of computers will be produced 
D) will not change; people don't need to buy multiple computers at one time 
E) None of the above answers is correct.

Quizplus · Accepted Answer

Consumption possibilities change when the relative price of computers falls because consumers typically respond to lower prices by purchasing more of the item, altering the overall consumption pattern.

-When the Relative Price of Computers Falls, Consumption Possibilities ________