The fact that if the price of milk, butter, or cab rides increases, people might switch to soy milk, margarine, or the bus, is an example of what factor that shifts demand?

a. income

b. consumer tastes

c. prices of related goods

d. consumer expectations

Question

22 May, 01:58

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Answers (1)

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Cora Keith · Answer 1

The answer to your question is C. I just took the test and i got c as the correct answer.

The fact that if the price of milk, butter, or cab rides increases, people might switch to soy milk, margarine, or the bus, is an example of what factor that shifts demand?a. incomeb. consumer tastesc. prices of related goodsd. consumer expectations