which best explains how the law of demand affects consumers?\no it helps consumers know when prices are…

which best explains how the law of demand affects consumers?\no it helps consumers know when prices are going down.\no it helps consumers know when prices are going up.\no it helps consumers tell producers when prices are too high.\no it helps consumers tell producers when to make new goods.

which best explains how the law of demand affects consumers?\no it helps consumers know when prices are going down.\no it helps consumers know when prices are going up.\no it helps consumers tell producers when prices are too high.\no it helps consumers tell producers when to make new goods.

Answer

Brief Explanations:

The law of demand states that, all else being equal, as the price of a good or service decreases, the quantity demanded by consumers increases, and vice - versa. This helps consumers anticipate price changes. When prices are going down, consumers can plan to buy more.

Answer:

It helps consumers know when prices are going down.