Solved

If Products a and B Are Substitutes for Each Other

Question 42

Multiple Choice

If products A and B are substitutes for each other, and the price of A increases:


A) the demand curve for A will shift to the right.
B) the demand curve for A will shift to the left while the demand curve for B will remain unchanged.
C) the demand for B will decrease.
D) the demand for B will increase.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions