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If Cheese Spreads and Butter Are Substitutes, an Increase in the Price

Question 7

Multiple Choice

If cheese spreads and butter are substitutes, an increase in the price of butter will:


A) shift the demand curve for cheese spreads upward.
B) shift the demand curve for cheese spreads downward.
C) shift the demand curve for butter upwards.
D) shift the demand curve for butter downward.

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