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Which of the Above Diagrams Illustrate(s) the Effect of an Increase

Question 221

Multiple Choice

Which of the above diagrams illustrate(s) the effect of an increase in the price of Molson upon the market for Labatt? (Molson and Labatt are brands of beer that are considered to be substitute goods.) A) A and C B) A only C) B only D) C only Which of the above diagrams illustrate(s) the effect of an increase in the price of Molson upon the market for Labatt? (Molson and Labatt are brands of beer that are considered to be substitute goods.)


A) A and C
B) A only
C) B only
D) C only

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