g A decrease in the price of a good would a. increase the supply of the good. b. increase the quantity demanded of the good. c. give producers an incentive to produce more to keep profits from falling. d. shift the supply curve for the good to the left.

. b. increase the quantity demanded of the good

Explanation:

An decrease in the price of the good increases the demand for the good according to the law of demand.

The law of demand states that the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

An increase in price would increase supply.

A change in price leads to a movement along either the demand or supply curve.

Other factors other than the change in price leads to a movement of these curves.

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