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krok68 [10]
3 years ago
10

. What will happen in the market for shotgun-shell ammunition now if buyers expect higher shotgun-shell prices in the near futur

e? a. The demand for shotgun-shell ammunition will increase. b. The demand for shotgun-shell ammunition will decrease. c. The demand for shotgun-shell ammunition will be unaffected. d. The supply of shotgun-shell ammunition will increase.
Business
1 answer:
Temka [501]3 years ago
6 0

Answer:

A.

Explanation:

The demand for some of products have a relationship, where the quantity demanded for one product depends somehow on the prices of both.

If two goods are substitutes, an increase in the price of one increases the demand of the other.

The demand for brand A depends on its price and also in the price of its main competitor.

In this case, shotgun-shell  and shotgun-shell ammunition are substitutes.

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