The Substitution Effect Influences Food Purchases Because When the Price

Multiple Choice

The substitution effect influences food purchases because when the price of a certain food rises,other things remaining the same,________.Consumers ________.

A) the relative price of all food rises;purchase less of the food that has experienced the price increase and more of all other foods
B) its relative price does not change because most likely the prices of all other foods will also rise;continue to purchase all foods,but in smaller quantities
C) its relative price rises;purchase more of a different food that is less expensive
D) the relative price of all food rises;continue to purchase all foods,but in smaller quantities
E) its relative price rises;purchase less of all foods