Which of the statements offers the best explanation for the change demonstrated in the graph?
A Prices of goods and services decrease on average.
B. The law of demand dictates the behavior of the aggregate demand curve.
C. Consumers purchase less of one product. like cars, and more of another. like clothing.
D. The prices of a few goods in the market dropped substantially​

Respuesta :

The correct answer is A) Prices of goods and services decrease on average.

The best explanation for the graph attached is that A Prices of goods and services decrease on average.

Prices of goods and services:

  • Decrease in general as time goes on
  • Decrease as a result of less people wanting the goods and services

As shown in the graph, when less people want goods or services - when the demand decreases - the price will decrease as well. This is what happens overtime which is why prices decrease overtime.

In conclusion, prices of goods and services decrease overtime.

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