Question

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

Answer 1

Demand for the jeans will increase, and market price will increase.

Answer 2

The correct answer should be Demand for the jeans will increase, and market price will increase.

Everyone will want to buy the jeans because they would like to wear the jeans marketed by their favorite pop-music idol, so naturally, the price would increase because it wouldn't affect the demand.