1334EconomicsMedium
The quantity demanded of Pepsi has decreased. The best explanation for this is that?
AThe price of Coca Cola has increased,
BPepsi consumers had an increase in income.
CThe price of Pepsi increased
DPepsi’s advertising is not as effective as in the past.
Correct answer
C. The price of Pepsi increased
Explanation
The correct answer is The price of Pepsi increased.