When new goods are introduced,consumers have more variety from which to choose.As a result,each dollar is worth
A)more,and the cost of living increases.
B)more,and the cost of living decreases.
C)less,and the cost of living increases.
D)less,and the cost of living decreases.

Question

Quizplus · Accepted Answer

When new goods are introduced, consumers have more variety from which to choose. This means that each dollar is worth more, as it can be used to purchase a wider range of goods. As a result, the cost of living decreases.

When New Goods Are Introduced,consumers Have More Variety from Which