ECONOMICS (CBSE/UGC NET)

ECONOMICS

DEMAND

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The price of Bed Head shampoo goes up. What will happen to the demand for Suave shampoo?
A
Goes Up
B
Goes Down
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -According to US drug regulator, the Dove dry shampoos-particularly manufactured before October 2021 – have elevated levels of benzene that may cause “leukemia and blood cancer of the bone marrow and blood disorders which can be life threatening”.

Detailed explanation-2: -Last week the U.S. Food and Drug Administration (FDA) announced a nationwide dry shampoo recall due to “elevated levels of benzene” in dozens of aerosol products. Recalled items included Dove, Nexxus, Suave, Rockaholic, Bed Head, and Tresemmé dry shampoo canisters produced before October 2021.

Detailed explanation-3: -Highlights. Global FMCG giant Unilever has recalled some popular brands of its aerosol dry shampoo, including Dove, Tresemme in the US and Canada markets after it was found that they were contaminated with benzene which can cause cancer.

Detailed explanation-4: -Unilever has ordered a recall after learning that well-known brands of aerosol dry shampoo, including Dove, were contaminated with benzene, a chemical that can cause cancer.

There is 1 question to complete.