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 preferences
Increased; number of buyers
Decreased; related goods
Decreased; income
1 answer
Decreased; tastes and preferences
1 answer