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If the quantity demand of pepsi has decreased the best explanation would be...?
Wiki User
∙ 12y ago
The price of pepsi has increased
Wiki User
∙ 12y ago
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What is the difference between increase in demand and an increase in quantity demand?
Increase in demand::It imply rightwaed shift of demand curve.Therefore change in factors other than price.1. increase in taste increase in demand curve2. increase in popoulation increase in demand curve3. increase in income increase demand if normal good4. fall in income increase demand if an inferior good5. increase in price of substitute (pepsi) increase demand for good(coke)6. fall in price of complement (beer) increase demand for good7. if we expect the price of the product to increase in the future , our demand today will increase.Increse in quantity demanded::Movement up the demand curve.Therefore change in price-------- increase in price cause a decrese in quantity demanded,decrese in price cause an increase in quantity demanded .
How is demand and quantity demanded different?
A change in quantity demanded refers to the response of consumers to changes in the PRICES of commodities, ceteris paribus.>> Involves a movement along the demand curve A change in demand refers to an increase or decrease in demand brought about by a change in the conditions of non-price determinants.>> Involves a shift in the demand curve (to the left or right)
Is the new Pepsi can anti-god?
No! there have been rumors been hovering for years, the background and explanation can be found on www.smopes.com.
How do substitute goods and complementary goods affect demand for another good?
Substitutes and complements is the fact that a change in price of one of the goods has an impact on the demand for the other good. For substitutes, an increase in the price of one of the goods will increase demand for the substitute good. (It's probably not surprising that an increase in the price of Coke would increase the demand for Pepsi as some consumers switch over from Coke to Pepsi.) It's also the case that a decrease in the price of one of the goods will decrease demand for the substitute good.
Is coke a sub or a comp good?
Your answer depends. A substitute good means a good with increasing demand when the price of another good increases. A complimentary good means a with increasing demand when the price of another good decreases. Examples: Substitute - Two types of coffee (Deer coffee and Starbrand coffee). If the price of Deer coffee increases, then the demand of Starbrand coffee will increase. Complimentary - Hot dogs and hot dog buns. If the price of hot dogs decreases, then the demand of hot dog buns will increase. Compared to Pepsi, Coke is a substitute good. If the price of Coke rose drastically, then more people would buy Pepsi instead (demand for Pepsi would increase).
What is the difference between a pepsi Can and a can of Pepsi?
A Pepsi can does not have any Pepsi in it.A can of Pepsi does have Pepsi in it.
What is a phrase of m - 9?
m - 9 is short for meaiohafiuuasdf minus 0uijhoigw0u9e2tw50-8itwe09uq4w25 Drink coke not pepsi
Why demand for soft drink as a whole inelastic but demand for Coca Cola is elastic?
the demand for cold drink as whole is inelastic bcoz the price wont have much effect on its demandbt price for coca cola is elastic because if pric of coca cola will increase then its substitute pepsi is available
How many Pepsi machines are there in the world?
Pepsi Pepsi Diet also called Pepsi Light Pepsi Max
What is a Pepsi ad?
A Pepsi ad is a Pepsi ad...?
Is it Pepsi or is it Pepsi Cola?
Both Pepsi and Pepsi Cola are trademarked names belonging to PepsiCo, Inc.
Why is Pepsi black?
Yes pepsi is black
