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A popular brand name of shoes goes on sale and decreases the price of the shoes. This will _____ the demand for the shoes.

increase
decrease
keep constant

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User Leth
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2 Answers

1 vote

Answer:

increase

Step-by-step explanation:

answered
User Cathay
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7.7k points
7 votes
The decrease in prices of goods, most especially from a popular shoe brand, would likely increase the demand for the shoes it sells. However, when the prices of these shoes get increased, the demand for the shoes would likely decrease. The relationship between these two elements would be inverse proportionality.
answered
User Heraldmonkey
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7.9k points

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