the price of a gallon of oat milk falls from $10 to $5. as a result, people start buying more oat milk as an…

the price of a gallon of oat milk falls from $10 to $5. as a result, people start buying more oat milk as an alternative to almond milk. this causes a shift to the left in the demand for almond milk. demand for almond milk ______________ because of a change in ______________.increased; tastes and preferencesincreased; number of buyersdecreased; related goodsdecreased; income
Answer
Brief Explanations:
Oat milk and almond milk are substitute (related) goods. When the price of oat milk falls, consumers switch to oat milk, reducing demand for almond milk (left shift). This change is driven by the price of a related good, not income, tastes, or number of buyers.
Answer:
Decreased; related goods