cold cereal is a substitute for oatmeal. Raisins are a complement for oatmeal. Which of the following increases the demand for oatmeal

Demand in economics refers to a consumer's readiness to pay a particular price for goods and services as well as their desire to buy them.
Demand for a good or service typically declines when its price goes up. The amount needed will rise when a product's price drops, in a similar manner.
Consumers and businesses are quite familiar with the idea of demand because it makes sense and happens organically throughout the course of almost any day.

For instance, when a product's pricing is low, shoppers who are keeping an eye on it will buy more of it. When costs increase, such as during a change in season, consumers may buy less or even nothing at all.

Therefore,

An increase in price of cold cereal will increase the demand for oatmeal.

Know more about Demand with the help of the given link:

https://brainly.com/question/13320101

#SPJ4