Register
Why might a rise in the price of electric razors result in an increase in demand for nonelectric razors?
192k views
1 vote
Why might a rise in the price of electric razors result in an increase in demand for nonelectric razors?

User Han Tran
by
6.8k points

2 Answers

0 votes

Because people will switch to non electric razors to save money

User Vivek Mishra
by
7.8k points
4 votes
A rise in the price of electric razors result in an increase in demand for nonelectric razors because consumers would rather choose to buy a product with lower cost having the same effect as compared to the product with the higher price. Buying the nonelectric razor would save them money while still having the same output.
User George Kourtis
by
7.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.6m questions

10.2m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Link Copied!