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In Which Statement Is the Term "Demand" Used Correctly? (1)An

Question 117

Multiple Choice

In which statement is the term "demand" used correctly? (1) An increase in the price of copper will lead to a decrease in the demand for copper.(2) An increase in the price of copper will lead to an increase in the demand for aluminum (a substitute for copper) .


A) neither statement
B) the first statement only
C) the second statement only
D) both statements
E) more information is needed

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