Ask Question

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

+4
Answers (1)
  1. 2 June, 20:02
    0
    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.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “How does price changes affect the demand for goods that are unrelated? ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers