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Economics - Financial Markets 14 Online
OpenStudy (anonymous):

A pop-music icon has become the spokesperson for a new style of jeans. Which of the following is the most likely result? Demand for the jeans will decrease, and market price will decrease. Demand for the jeans will decrease, and market price will increase. Demand for the jeans will increase, and market price will decrease. Demand for the jeans will increase, and market price will increase. need help please

OpenStudy (anonymous):

@ramiroykaren94 We think that spokes people generally make a product more desirable which would increase demand! If demand increases we can draw a graph and see the result on price:|dw:1400029287968:dw| you can se the price increase.

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