Multiple Choice
Assuming that Pepsi-Cola and Coca-Cola are substitutes, a rise in the price of Pepsi-Cola, other things being equal, results in a(n) :
A) upward movement along the demand curve for Coca-Cola.
B) downward movement along the demand curve for Coca-Cola.
C) leftward shift in the demand curve for Coca-Cola.
D) rightward shift in the demand curve for Coca-Cola.
Correct Answer:

Verified
Correct Answer:
Verified
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