Question

In the market for​ jeans, which of the following events increases the demand for a pair of​ jeans? A. The price of denim cloth falls B. The price of a denim skirt​ (a substitute for​ jeans) rises. C. New technology reduces the time it takes to make a pair of jeans. D. The wage rate paid to garment workers rises.

Answer 1

Answer:

hence option B is correct

Explanation:

In the market for jeans,  of the following events increases the demand for a pair of jeans, when the prize of the denim falls the operation cost will reduce which will increase the supply not the demand.

The rise in the price of denim skirt( a substitute for jeans) will make the demand of denim skirt fall  to which buyers will switch to the substitute of the skirt which is jeans, hence the demand of jeans will rise.

hence option B is correct