Suppose the price of Pepsi increase, we will expect the demand curve of Coca Cola to.

Shift towards left

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Shift towards right

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Initially shift towards left and then to right

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Remain at the same level

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Solution

The correct option is B Shift towards right
Shift to right, As due to increase in price of Pepsi, its substitute Coca Cola demand will increase & thus its demand curve shifts to right.

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