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If Two Goods Are Substitutes,then

Question 116

Multiple Choice

If two goods are substitutes,then


A) an increase in the demand for one of them will lead to an increase in demand for the other
B) an increase in the demand for one of them will lead to a decrease in demand for the other
C) an increase in the supply of one of them will lead to an increase in supply of the other
D) an increase in the supply of one of them will lead to a decrease in supply for the other
E) they cannot be produced at the same time

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