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A Decrease in the Price of Ice Cream Is Likely

Question 129

Multiple Choice

A decrease in the price of ice cream is likely to cause a(n) _____ in the demand for ice cream cones, due to a change in _____.


A) increase; the price of a complementary good
B) increase; the price of a substitute good
C) increase; consumer preferences
D) decrease; the price of a related good

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