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An Economist Has Conducted Extensive Research and Has Found That

Question 103

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An economist has conducted extensive research and has found that Jones Cola is a substitute for Tucker Cola. Ceteris paribus, the price of Jones Cola increases. The impact on the demand curve for Tucker Cola is a(n) :


A) increase in demand.
B) decrease in demand.
C) increase in quantity demanded.
D) decrease in quantity demanded.

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