Multiple Choice
Suppose the demand for fabric softener can be described as QD = 800 - P - PD, where QD is the quantity of fabric softener demanded, P is the price of fabric softener, and PD is the price of laundry detergent. Suppose that the price of detergent is initially 10 but increases to 15. The new equation for the demand of fabric softener is:
A) 785 - P, and demand has shifted to the left.
B) 785 - P, and demand has shifted to the right.
C) 815 - P, and demand has shifted to the left.
D) 815 - P, and demand has shifted to the right.
Correct Answer:

Verified
Correct Answer:
Verified
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