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

Kim estimates that the faucet in her kitchen drips at a rate for 1 drop every 2 seconds. Erik wants to klnow how many times the faucet drips in a week.
name 2 sound devices and what type they are from the song Where Is The Love by the Black Eyed Peas.
Why do Andhra Pradesh donot recive any snow fall during during winter months. PLEASE HELP.....EXAM TOMORROW
How many eights are there in 6 1/2
A 1700 kg 2006 Mustang GT can accelerate from rest to 100 km/h in a time of 5.0 s.  Determine the net amount of work that must be done on the car to cause this
1. Why are there active volcanoes along the Pacific coast in Washington and Oregon but not along the East coast of the United States?
Why do Andhra Pradesh donot recive any snow fall during during winter months. PLEASE HELP.....EXAM TOMORROW
what city is located 60 north 25 east
a person who studies word origins and meanings would most likely be a
In Romeo and Juliet act 2, which character serves as a messenger