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    Microeconomics Study Set 3
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    Exam 2: Supply and Demand
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    When Two Goods Are Substitutes,a Shock That Raises the Price
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When Two Goods Are Substitutes,a Shock That Raises the Price

Question 10

Question 10

Multiple Choice

When two goods are substitutes,a shock that raises the price of one good causes the price of the other good to


A) remain unchanged.
B) decrease.
C) increase.
D) change in an unpredictable manner.

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