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If Bagels and Doughnuts Are Substitutes,then a Decrease in the Price

Question 102

Multiple Choice

If bagels and doughnuts are substitutes,then a decrease in the price of doughnuts will result in


A) An increase in the demand for doughnuts.
B) A decrease in the demand for doughnuts.
C) An increase in the demand for bagels.
D) A decrease in the demand for bagels.

Correct Answer:

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