Ceteris paribus, a decrease in the price of a good will cause the

A) quantity demanded of the good to decrease.
B) quantity supplied of the good to increase.
C) producer surplus derived from the good to decrease.
D) supply of the good to decrease.

Ceteris Paribus

A Latin phrase meaning "all other things being equal," used in economics to indicate that other variables remain constant during an analysis.

Producer Surplus

The difference between the price at which producers are willing to sell a good and the actual market price they receive.