Asked by
Alicia Gonzalez
on Dec 11, 2024Verified
Which of the following would lead to an increase in the demand for designer blue jeans?
A) a decrease in the price of designer blue jeans
B) a reduction in the price of the cotton used to produce the jeans
C) an increase in the income of youthful Americans
D) an increase in the price of the cotton used to produce the jeans
Youthful Americans
Individuals in the United States who are considered to be in their youth, typically defined by a young age range.
- Understand how changes in consumer income affect demand for goods.
Verified Answer
EW
Learning Objectives
- Understand how changes in consumer income affect demand for goods.