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tamaranim1 [39]
3 years ago
13

The largest national herbal supplement store is running a sale on its excess supply of Vitamin C supplements. With this new pric

e change what do you think will happen to the Vitamin C supplement market? a. There will be a shift if the demand curve as demand increases. b. There will be an increase only in the quantity demanded. c. There will be a decrease in the quantity demanded. d. There will be a shift in the supply curve as supply increases.
Business
1 answer:
jok3333 [9.3K]3 years ago
7 0

Answer:

 b. There will be an increase only in the quantity demanded.

Explanation:

The law of demand states that the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

So if there's a sale, vitamin c would become cheaper and the quantity demanded would increase. This would lead to a movement along the demand curve and not a shift.

I hope my answer helps you

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<h3>What is elastic demand?</h3>

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