Multiple Choice
Assuming that hamburgers and hot dogs are substitutes, an increase in the price of hamburgers, other things being equal, results in a:
A) rightward shift in the demand curve for hot dogs.
B) leftward shift in the demand curve for hamburgers.
C) rightward shift in the demand curve for hamburgers.
D) leftward shift in the demand curve for hot dogs.
Correct Answer:
Verified
Correct Answer:
Verified
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