alleryMatch sub mechanics: 1. Dear: p. Switch 2. Rival: q. Cheaper 3. Qty: r. Drops down
A1-p, 2-q, 3-r
B1-p, 2-r, 3-q
C1-q, 2-p, 3-r
D1-r, 2-p, 3-q
Answer & Solution
Correct answer: A. 1-p, 2-q, 3-r
When a commodity becomes expensive, consumers switch to relatively cheaper substitutes, reducing demand for the original good.
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