State any two reasons for why a consumer buy more at a lower price

What is the law of demand and how does it explain consumer behavior in response to changes in the price of a good or service?

When describing changes in consumer behavior, explain the difference between substitute and complementary goods? Provide examples of both and describe their impacts on each other when price changes. Does time and a good’s price ($) relative to one’s overall income budget influence elasticity of a product? Why?

Cake and pastries are Substitute goods or complementary goods?

Inferior goods are best defined as      A) goods that only those who are relatively poor purchase. B) goods that have higher-quality alternatives. C) goods whose demand falls as people's income rises. D) goods whose supply falls as people's income rises

Which term is used to describe the want satisfying power of a commodity or a service?[A] Demand[B] Want[C] Utility[D] Consumption Please dont use any ai tool. Thank you

hey im confused. when i enter this into my calculator 50/(1+0.05) + 50/(1+0.05)2 + 1000/(1+0.05)2  i get a 1000.so shouldnt quantity demanded be 2000?

Relationship between changes in price and  corresponding changes in quantity that consumers will demand is

Explain all the reasons why a decrease in the price of a product would lead to an increase in purchases of the product. ​​

Find an article in The Wall Street Journal or The Economist that was published after 12/1/23 describing a change in price or quantity or both in some market. Analyze the situation using economic reasoning. A reference must be provided for the article Has there been an increase or decrease in demand? Factors that could shift the demand curve include changes in preferences, changes in income, changes in the price of substitutes or complements, or changes in the number of consumers in the market. Has there been an increase or decrease in supply? Factors that could shift the supply curve include changes in costs of materials, wages, or other inputs; changes in technology; or changes in the number of firms in the market. Draw a supply-and-demand graph to explain this change. Be sure to label your graph and clearly indicate which curve shifts. If done neatly, you can draw the graph by hand and paste it in your document