gerardoblk41981 gerardoblk41981
  • 22-04-2018
  • Business
contestada

An increase in the price of cappuccino will increase the quantity of cappuccinos demanded.
a. true.
b. false.

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MrsTriplet MrsTriplet
  • 01-05-2018
An increase in the price of cappuccino will increase the quantity of cappuccinos demanded. False.  When an item is in demand but not a drastic need for the item and you raise the price, the quantity sold will likely decrease.  Since a coffee isn't a necessity when the price to purchase becomes too high for a consumer, the amount purchased will slowly drop off. 
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