If orange juice prices fall by 25 percent next year, there will be a
A)rightward shift in the demand for pineapple juice.
B)rightward shift in the supply of pineapple juice.
C)leftward shift in the supply of pineapple juice.
D)leftward shift in the demand for pineapple juice.

Question

Quizplus · Accepted Answer

If orange juice prices fall by 25 percent, households might switch from buying pineapple juice to orange juice due to the decrease in price, leading to a decrease in demand for pineapple juice and a leftward shift in the demand curve.

If Orange Juice Prices Fall by 25 Percent Next Year