Asked by Stephanie Saunders on Sep 24, 2024

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​You own two different energy drink brands: "Blue Cow" and "600 minute energy." If you reduce the price on "Blue Cow",sales of "600 minute energy" would

A) ​Increase
B) Decrease
C) Not change
D) ​None of the above

Sales

The exchange of a commodity for money; the action of selling something.

Energy Drink

A type of beverage containing stimulant compounds, typically caffeine, designed to provide mental and physical stimulation.

  • Discern the implications of price changes on the demand and sales of assorted products.
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KR
Kelli Reynolds5 days ago
Final Answer :
B
Explanation :
If the price of "Blue Cow" is reduced, customers may switch from "600 minute energy" to "Blue Cow" due to the lower price, resulting in a decrease in sales of "600 minute energy." Therefore, the best choice is B, which indicates that sales of "600 minute energy" would decrease.