Now consider what would happen to the market for Gatorade if there was a large decrease in the price of Powerade. Drawing a supply and demand graph will aid in answering this question.
A. There is a decrease in the demand for Gatorade, which results in a decrease in the price of Gatorade.
B. There is an increase in the demand for Gatorade, which results in a decrease in the price of Gatorade.
C. There is an increase in the supply of Gatorade, which results in a decrease in the price of Gatorade.
D. There is an increase in the demand for Gatorade, which results in an increase in the price of Gatorade.