The price of cotton clothing falls.As a result,

Name: The price of cotton clothing falls.As a result,
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When the price of cotton clothing falls, it becomes relatively cheaper compared to other types of clothing. This will lead to an increase in the quantity demanded of cotton clothing as consumers will be more willing to purchase at the lower price. However, the demand for cotton clothing itself does not necessarily increase or decrease, it only affects the quantity demanded.

The Price of Cotton Clothing Falls.As a Result