Why might a rise in the price of electric razors results in an increase in demand for nonelectric?

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1153202

2026-07-19 21:51

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If the price of electric razors is suddenly higher, then fewer people can afford to buy or choose to buy the electric razors. Therefore, demand might increase for the more affordable nonelectric razors.

(gradpoint) because people might decide to shift to nonelectric razors to save money

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