If virtual reality headsets are considered substitutes for game consoles,an increase in the price of virtual reality headsets would,all else equal,
A)increase the demand for game consoles.
B)decrease the demand for game consoles.
C)increase the quantity of game consoles demanded.
D)decrease the quantity of game consoles demanded.

Question

Quizplus · Accepted Answer

When the price of a substitute good (like virtual reality headsets) increases, consumers are likely to shift their demand to the other good (game consoles), thus increasing the demand for game consoles.

If Virtual Reality Headsets Are Considered Substitutes for Game Consoles,an