Question: Explain how the following factors will shift the demand curve for Gillette shaving cream. a. The price of a competitors shaving cream increases. b. With
Explain how the following factors will shift the demand curve for Gillette shaving cream.
a. The price of a competitor’s shaving cream increases.
b. With an increase in unemployment, the average level of income in the economy falls.
c. Shaving gels and foams, marketed as being better than shaving creams, are introduced in the market.
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