Question

the tendency for consumers to purchase more of a good or service as its price falls is captured by the
multiple choice
low - hanging fruit principle.
law of increasing cost.
law of supply.
law of demand.

Explanation:

The law of demand states that, ceteris paribus (all else being equal), as the price of a good or service decreases, the quantity demanded by consumers increases. The other options do not relate to this consumer - price relationship. The Low - Hanging Fruit Principle is not related to price - quantity relationships in economics. The law of increasing cost pertains to production costs, and the law of supply shows the relationship between price and quantity supplied by producers.

Answer:

D. law of demand