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Introduction to Economics 1
Introduction to Economics 1 Deneme Sınavı
Introduction to Economics 1 Deneme Sınavı Sorusu #1126416
Introduction to Economics 1 Deneme Sınavı Sorusu #1126416
If green tea and black tea are substitutes, what happens if the price for black tea increases
Quantity demanded of black tea does not change. |
Demand green tea does not change. |
Demand for green tea shifts left. |
Quantity demanded of black tea falls |
Demand for Green tea shifts down. |
Yanıt Açıklaması:
If green tea and black tea are substitutes then the increase in the price of black tea leads to the shift of the demand for green tea to the right; neither left nor down. In this case the demand curve for the black tea does not change. Simply the quantity of black tea demanded decreases.
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