If the price of Pepsi decreases, all else held constant, then we’d expect to see a consequent shift of the demand curve for: Multiple Choice:
Coke to the left.
Coke to the right
Pepsi to the left
Pepsi to the right

Respuesta :

Answer:

The correct answer is letter "D": Pepsi to the right.

Explanation:

The demand law states that when the price decreases, the quantity demanded will increase -moving the demand curve to the right, and when the price increases, the quantity demanded decreases -moving the demand curve to the left. The price-quantity demanded relation is inversely proportional.

Thus, if the price of Pepsi decreases, all else constant -ceteris paribus, the quantity demanded will increase moving the demand curve to the right.

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