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maw [93]
2 years ago
6

Products whose demand rises when another product's price increases are called

Social Studies
2 answers:
tester [92]2 years ago
8 0

Answer: The answer is A. Substitute Goods! :)

Explanation:

natita [175]2 years ago
5 0

Answer:

A

Explanation:

please mark me brainliest

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3 years ago
Suppose that unusually weather causes the demand curve for ice cream to shift to the . why will the price of ice cream to a new
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The price of ice cream to a new market creating short-run excess demand when weather causes the demand curve for ice cream.

<h3>Define short run demand .</h3>

A period of time during which only some aspects or variables can be modified since there is not enough time to modify the others. Short-run demand refers to actual demand, with its quick reaction to price changes, income volatility, etc. Various inputs are fixed and variable.

<h3>What is short-term demand, for instance?</h3>

A company like ABC, which can make 10 cars per day, can be an example of a short run. Due to increased demand throughout the season, ABC is looking to increase production to 15 vehicles per day by Utilising the available infrastructure.

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