The following table shows the initial weekly demand (D1)and the new demand (D2)for packets of pretzels (a bar snack):

-Refer to the information above to answer this question.In order to produce the change in demand from D1 to D2,what might have happened to the price of a substitute product like a packet of nuts?
A)It has not changed,but people must be buying less.
B)It has not changed,but people must be buying more.
C)It has decreased.
D)It has increased.

Question

The following table shows the initial weekly demand (D1)and the new demand (D2)for packets of pretzels (a bar snack):
 
-Refer to the information above to answer this question.In order to produce the change in demand from D1 to D2,what might have happened to the price of a substitute product like a packet of nuts?
A)It has not changed,but people must be buying less. 
B)It has not changed,but people must be buying more. 
C)It has decreased. 
D)It has increased.

Quizplus · Accepted Answer

The increase in demand for pretzels (from D1 to D2) suggests that something has occurred to make people more willing to buy them. If the price of a substitute product like nuts have increased, consumers may switch to buying pretzels instead, leading to an increase in demand for pretzels. Therefore, the best choice is D, where the price of nuts has increased.

The Following Table Shows the Initial Weekly Demand (D1)and the New