Situation- In the market of Coca Cola, the price of pepsi has decreased. Tell me based on the situation, is the demand curve going to shift up or down. Tell me why and what determinant of demand is causing the shift

Situation- In the market of Coca Cola, the price of pepsi has decreased. Tell me based on the situation, is the demand curve going to shift up or down. Tell me why and what determinant of demand is causing the shift

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter4: The Market Forces Of Supply And Demand

Section: Chapter Questions

Problem 3QR

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Situation- In the market of Coca Cola, the price of pepsi has decreased.

Tell me based on the situation, is the demand curve going to shift up or down. Tell me why and what determinant of demand is causing the shift.

plz dont copy from google !!!!

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