You own two different energy drink brands: "Blue Cow" and "600 minute energy." If you reduce the price on "Blue Cow",sales of "600 minute energy" would
A)Increase
B)Decrease
C)Not change
D)None of the above

Question

​You own two different energy drink brands: "Blue Cow" and "600 minute energy." If you reduce the price on "Blue Cow",sales of "600 minute energy" would
A)​Increase
B)Decrease
C)Not change
D)​None of the above

Quizplus · Accepted Answer

If the price of "Blue Cow" is reduced, customers may switch from "600 minute energy" to "Blue Cow" due to the lower price, resulting in a decrease in sales of "600 minute energy." Therefore, the best choice is B, which indicates that sales of "600 minute energy" would decrease.

​You Own Two Different Energy Drink Brands: "Blue Cow" and "600

You Own Two Different Energy Drink Brands: "Blue Cow" and "600