Rhino9326 Rhino9326
  • 01-06-2017
  • Social Studies
contestada

How does price changes affect the demand for goods that are unrelated?

Respuesta :

josiedamon1
josiedamon1 josiedamon1
  • 01-06-2017
Well, if the amount of a object increased, but there was a alternative you could buy that would save you money, you would chose the cheaper(but the same) product. 
For instance if the price of Orange Juice A went up by $2, but the price of Orange Juice B stayed the same, people would stop buying Orange Juice A, and the demand for OJ B would increase, even though its unrelated to the price change.
Answer Link

Otras preguntas

what major factors led to the birth of environmental movement in 1970s
What is the unit of electrical force? a.n b.c c.n-m d.n-c2?
What would the correct conjugations be for these Spanish sentences? #1-10 are future tense and #11-15 are present subjunctive tense. THANK YOU!
How long will it take to triple an investment if the interest rate is 5.6% compounded continuously
What's the different between activity and concentration?
Which of the following is not good advice for someone doing research for a speech? a. develop your expertise b. assess the credibility of resources c. find e
please help me!!!!!!!!!!!!!!
What is chiaroscuro and when and by whom was it founded?what is it often
whats the answer to -z/5>2
All four of the expressions below are equivalent to square root of 50. Which would be the best choice to help simplify it? A. square root of the quantity 49 p