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An increase in the price of a product will reduce the amount of it purchased because:

A. supply curves are upsloping.B. the higher price means that real incomes have risen.C. consumers will substitute other products for the one whose price has risen.D. consumers substitute relatively high-priced for relatively low-priced prod

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Question added by Abdou warshan , • مدير إدارة المخازن والنقل , شركة تمكين الدولية للأجهزة المنزلية
Date Posted: 2015/04/29
Nasir Hussain
by Nasir Hussain , Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. Ltd.

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C. consumers will substitute other products for the one whose price has risen...........................................................

Ibrahim Hussein Mayaleh
by Ibrahim Hussein Mayaleh , Sales & Business Consultant and Trainer , Self-employed

I agree with your answers (c)

Salvatore Augello
by Salvatore Augello , owner , A.S. Trade & Consult

answer C _____________________________

Abdou warshan
by Abdou warshan , • مدير إدارة المخازن والنقل , شركة تمكين الدولية للأجهزة المنزلية

C. consumers will substitute other products for the one whose price has risen.

Sara Khan
by Sara Khan , financial and admin assistant , Ministry Of Defence

OPTION C,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

&&&&&&&&&&&&&&&&C. consumers will substitute other products for the one whose price has risen.&&&&&&&&&&&&&&&&&&&&&

Emad Mohammed said abdalla
by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

>>>>>>>>>>>>>>>> C. consumers will substitute other products for the one whose price has risen. >>>>>>>>>>>>>>>.

Khaled Anwar
by Khaled Anwar , Senior Sales Engineer , "Automotive company''

I think the answer is : Option ( C )

Mohammed Fathe  Shaheem
by Mohammed Fathe Shaheem , Operation Executive , Arabian Construction Company

C--------------------------------------

Wasi Rahman Sheikh
by Wasi Rahman Sheikh , Warehouse Supervisor , AL MUTLAQ FURNITURE MFG

Answer Option ______________c

mohamed badawy
by mohamed badawy , Head Of Operations , Almajdoui Logistics Company

c.............................................

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