When does CMA 1293 1-29 price tend to fall in competitive markets?

Decrease in quantity demanded of the product ......
when there's a competitive market ,the demand and supply are defined by the movements of variable elements of that market , so upon the direction of demand and supply price varies

B - Decrease in quantity demanded of the product.

B - Decrease in quantity demanded of the product.

b- decrease in quantity demanded and all other answers will increase the price

In a compitative market there is a presence of many competitors. The equilibrium of their suplies and demand in the market dictates the price. Price and demand are directly related. So when demand tends to fall the competitors to grab alarger share of the market would reduce the price.