If the price of orange juice rises,the demand for grapefruit juice will
A) increase because the two goods are substitutes
B) increase because it is a complement
C) decrease because the two goods are substitutes
D) decrease because the two goods are complements
E) not change unless the price of grapefruit juice also changes

Question

Quizplus · Accepted Answer

When the price of orange juice rises, consumers may switch to grapefruit juice as an alternative, leading to an increase in demand for grapefruit juice since they are substitute goods.

If the Price of Orange Juice Rises,the Demand for Grapefruit