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Suppose the price of pepsi increases, ...

Suppose the price of pepsi increases, we will expect the demand curve of Coca-Cola to:

A

shift towards left.

B

shift towards right.

C

initially shift towards left and then to right.

D

remain at the same level.

Text Solution

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The correct Answer is:
b
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FULL MARKS-DEMAND -NCERT TEXTBOOK QUESTIONS SOLVED
  1. The law of Demand, assuming other things to remain constant, establish...

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  2. If regardless of changes in its price, the quantity demanded of a good...

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  3. Suppose the price of pepsi increases, we will expect the demand cur...

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  4. All of the following items are determinants of demand except:

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  5. A movement along the demand curve for soft drinks is best described ...

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  6. If the price of Pepsi decreases relative to the price of Coke and 7-UP...

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  7. The price of tomatoes increases and people buy tomato puree. You infer...

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  8. Potato chips and popcorn are substitutes.A rise in the price of potato...

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  9. When total demand for a commodity whose price has fallen increases, i...

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  10. With a fall in the price of a commodity:

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  11. Goods that exhibit direct price-demand relationship are called:

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  12. In case of Giffen goods, the demand curve will be :

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  13. Law of Demand is a :

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  14. When income of the consumer falls the impact on price-demand curve of ...

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  15. If due to fall in the price of good X, demand for good Y rises, the t...

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  16. Does a rise in price of other goods have the same effect on demand for...

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  17. Does a fall in income have the same effect on demand for the given c...

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  18. What is the relation between good x and good y in each case, if with a...

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  19. Giving reasons, state the following statements are true or false: ...

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  20. Differentiate between Normal Goods and inferior Goods.

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