Ask Question
2 September, 17:39

a famous athlete promotes a certain brand of clothing, and this increases the demand for that brand of clothing. what two things would you expect to happen next

+5
Answers (1)
  1. 2 September, 20:12
    0
    Answer: Demand curve shifts to the right, Price and quantity increases

    Explanation:

    A famous athlete promotes a certain brand of clothing, and this increases the demand for that brand of clothing. Thus, the demand curve for this brand of clothing will shift to the right. As a result of this, the price of this brand of clothing will increase and the quantity of clothing will also increase.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “a famous athlete promotes a certain brand of clothing, and this increases the demand for that brand of clothing. what two things would you ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers