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If Two Goods Are Substitutes, A(n)

Question 37

Multiple Choice

If two goods are substitutes, a(n)


A) decrease in the price of one will cause an increase in the demand for the other
B) decrease in the price of one will cause a decrease in the demand for the other
C) increase in the price of one will cause an increase in the supply of the other
D) increase in the price of one will cause a decrease in the supply of the other
E) increase in the price of one will cause a decrease in the demand for the other

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