If the price of Pepsi decreases relative to the price of Coke and 7-UP, the demand for :
A. Coke will decrease
B. 7-UP will decrease
C. Coke and 7-UP will increase
D. Coke and 7-UP will decrease
Answer:D
If the price of Pepsi decreases relative to the price of Coke and 7-UP, the demand for :
A. Coke will decrease B. 7-UP will decrease C. Coke and 7-UP will increase D. Coke and 7-UP will decrease