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If Pepsi Goes on Sale and Decreases Its Price by 10

Question 73

Multiple Choice

If Pepsi goes on sale and decreases its price by 10 percent,and as a result,the quantity demanded of Coca Cola decreases by 5 percent,then Pepsi and Coke are ________ goods.


A) inferior
B) normal
C) substitute
D) complementary
E) unrelated

Correct Answer:

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