assume that consumers consider popcorn and pretzels to be substitutes. a significant decrease in the supply…

assume that consumers consider popcorn and pretzels to be substitutes. a significant decrease in the supply of popcorn will affect the pretzel market by\na increasing the demand for pretzels and therefore the supply of pretzels\nb increasing the demand for pretzels and therefore the price of pretzels\nc decreasing the demand for pretzels and therefore the price of pretzels\nd increasing the supply of pretzels and therefore the price of pretzels\ne decreasing the supply of pretzels and therefore the price of pretzels

assume that consumers consider popcorn and pretzels to be substitutes. a significant decrease in the supply of popcorn will affect the pretzel market by\na increasing the demand for pretzels and therefore the supply of pretzels\nb increasing the demand for pretzels and therefore the price of pretzels\nc decreasing the demand for pretzels and therefore the price of pretzels\nd increasing the supply of pretzels and therefore the price of pretzels\ne decreasing the supply of pretzels and therefore the price of pretzels

Answer

Brief Explanations:

When popcorn and pretzels are substitutes, a decrease in popcorn supply raises its price. Consumers then switch to pretzels, increasing pretzel demand. Higher demand leads to a higher price in the pretzel market.

Answer:

B. increasing the demand for pretzels and therefore the price of pretzels