Multiple Choice
Cupcakes and granola bars are substitutes in consumption. The price of a granola bar increases. As a result, the demand for
A) cupcakes will increase, that is, the demand curve will shift rightward.
B) cupcakes will decrease, that is, the demand curve will shift leftward.
C) granola bars will decrease, that is, the demand curve will shift leftward.
D) granola bars will increase, that is, the demand curve will shift rightward.
Correct Answer:
Verified
Correct Answer:
Verified
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