Question

An increase in the price of poultry would lead to__________

a.a decrease in quantity demanded of fish and an increase in the demand for poultry.
b.an increase in quantity demanded of poultry and a decrease in the demand for fish.
c.a decrease in quantity demanded of poultry and an increase in the demand for fish.
d.an increase in quantity demanded of fish and a decrease in the demand for poultry.

Answer 1

c.a decrease in quantity demanded of poultry and an increase in the demand for fish.

Step-by-step explanation:

The law of demand states that the higher the price , the lower the quantity demanded and the lower the price, the higher the quantity demanded.

Following from the law of demand, if the price of poultry increases, the quantity of poultry demanded would fall.

Because fish and poultry are subsituites goods, if the price of poultry increases, the demand for fish would increase.

I hope my answer helps you.