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TABLE 4-2 -Refer to Table 4-2. Suppose the Supply Schedule for Good

Question 103

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TABLE 4-2
TABLE 4-2    -Refer to Table 4-2. Suppose the supply schedule for Good A changes from S₁ to S₂ because the price of Good B increases. Based on this, what can we conclude? A)  Goods A and B are likely complements in consumption. B)  Good B is not related to Good A. C)  Goods A and B are likely substitutes in production. D)  Goods A and B are likely substitutes in consumption.
-Refer to Table 4-2. Suppose the supply schedule for Good A changes from S₁ to S₂ because the price of Good B increases. Based on this, what can we conclude?


A) Goods A and B are likely complements in consumption.
B) Good B is not related to Good A.
C) Goods A and B are likely substitutes in production.
D) Goods A and B are likely substitutes in consumption.

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