Answer:
Better off
Explanation:
If the price of a commodity decreases and everything else remains constant, the consumers will be better off because it will increase their purchasing power. In the above example, the price of the product has decreased which will also increase the demand. Likewise, consumers can buy more goods which can improve their well-being. For example, a decrease in the price of wheat can create an opportunity for the household to buy more wheat or any other important product.
