Question

Teenagers frequently purchase similar shoes from one of two major competing shoe manufacturers. If the price of one manufacturer's
shoes increases dramatically, teenagers are likely to purchase (1 point)
O fewer shoes from the competing manufacturer at any given price, as the two brands are substitutes
more shoes from the competing manufacturer at any given price, as the two brands are substitutes
Ofewer shoes from the competing manufacturer at any given price, as the two brands are complements
more shoes from the competing manufacturer at any given price, as the two brands are complements

Answer 1

Because the two brands are interchangeable, they buy more shoes from the second competing manufacturer at given low price.

In the viewpoint of the purchaser, substitute items are same, similar, or equivalent to some other commodity. Customers' demands can be met completely or partially by substitute items. As a result, the customer feels they may be substituted for one another.

So,

Option "B" is the correct answer to the following question:

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https://brainly.com/question/18444776?referrer=searchResults

Answer 2

Answer:

its B

Explanation:

I got it right on the test