(See Steps) What effect will each of the following have on the demand for product B? Product B becomes more fashionable. The price of substitute product
Question: What effect will each of the following have on the demand for product B?
- Product B becomes more fashionable.
- The price of substitute product C falls.
- Income declines and product B is an inferior good.
- Consumers anticipate the price of B will be lower in the near future.
- The price of complementary product D falls.
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