Multiple Choice
If two goods are substitutes, then
A) an increase in the price of one causes a decrease in demand for the other.
B) an increase in the price of one causes a decrease in supply of the other.
C) a decrease in the price of one causes a decrease in demand for the other.
D) a decrease in the supply of one increases demand for the other.
Correct Answer:
Verified
Correct Answer:
Verified
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