Economy, asked by sonusayyed7867, 4 months ago

 Potato chips and popcorn are substitutes. A rise in the price of potato chips will ____________ the demand for popcorn and the demand of potato chips will ____________ *

1 point

increase; increase

increase; decrease

decrease; decrease

decrease; increase

Answers

Answered by radhikasinghal8388
1

Answer:

option 2 is correct

because as the people attracted to popcorn then the demand of chips will decrease

Answered by RandomSkillz
0

Answer:

increase; decrease

Explanation:

A rise in price would affect how consumers interact with the problem. Usually when a product's price increases consumers switch to a substitute product thus the demand decreases and the demand for the substitute increases.

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