Now consider what would happen to the market for gatorade, Ask an Expert

Economics

Now consider what would happen to the market for Gatorade if there was a large decrease in the price of Powerade. Drawing a supply and demand graph will aid in answering this question.

A. There is a decrease in the demand for Gatorade, which results in a decrease in the price of Gatorade.

B. There is an increase in the demand for Gatorade, which results in a decrease in the price of Gatorade.

C. There is an increase in the supply of Gatorade, which results in a decrease in the price of Gatorade.

D. There is an increase in the demand for Gatorade, which results in an increase in the price of Gatorade.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91709155

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