Question

If a certain type of clothing becomes more fashionable, we would expect its equilibrium price
Select one:
a. will decrease and quantity will remain constant
b. and quantity will both decrease
c. will increase and quantity will decrease
d. will decrease and quantity will increase
e. and quantity will both increase

Answer 1

e?

Answer 2

well being more fashionable in this context kinda means that it is becoming more popular so I would assume that the equilibrium and quantity should both increase

Answer 3

might want to clarify with justjm

Answer 4

yes darkknight is right, demand increases due to popularity (consumer tastes and preferences) and both increase