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    Managerial Economics Study Set 1
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    Exam 7: Understanding Markets and Industry Changes
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    ​A Decrease in the Price of a Substitute Shifts the Demand
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​A Decrease in the Price of a Substitute Shifts the Demand

Question 44

Question 44

Multiple Choice

​A decrease in the price of a substitute shifts the demand curve to the _______


A) ​right
B) left
C) it does not change the demand curve
D) ​none of the above

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