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

Question

justus · Answer

e?

darkknight · Answer

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

darkknight · Answer

might want to clarify with justjm

justjm · Answer

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