Economy, asked by milantokas43, 7 months ago

an increase in the price of coke would result in decrease in the demand for pepsi true or false

Answers

Answered by pratyush123426

Answer:

False: Coke and Pepsi are substitute goods. An increase in the price of Coke would induce consumers to substitute Coke by Pepsi. Demand for Pepsi will increase

Explanation:

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an increase in the price of coke would result in decrease in the demand for pepsi true or false​

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an increase in the price of coke would result in decrease in the demand for pepsi true or false