If the Price of a Cup of Dunkin' Donuts Coffee

question 92

Multiple Choice

If the price of a cup of Dunkin' Donuts coffee rises,while the price of a Starbucks latte doesn't,we expect the quantity of lattes demanded to:

• A)increase as some people switch from coffee to the relatively cheaper latte.
• B)decrease as some people switch from coffee to the relatively cheaper latte.
• C)increase as some people switch from coffee to the relatively more expensive latte.
• D)decrease as some people switch from coffee to the relatively more expensive latte.