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If the price of Pepsi decreases relative...

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

Cock and 7-UP will increase.

D

Coke and 7-UP will decrease.

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The correct Answer is:
d
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FULL MARKS-DEMAND -NCERT TEXTBOOK QUESTIONS SOLVED
  1. All of the following items are determinants of demand except:

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

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

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

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

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

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

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

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

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  10. Law of Demand is a :

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

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

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

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

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

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

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  17. Differentiate between Normal Goods and inferior Goods.

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  18. Differentiate between substitute goods and complementary goods.

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  19. Explain law of demand with the help of a demand schedule.

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  20. Law of demand is one sided. It explains only the effect of change in p...

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