Multiple Choice
If the price of pork rinds falls,then the substitution effect due to the price change will cause
A) an increase in the demand for pork rinds.
B) an increase in the demand for corn chips,a substitute for pork rinds.
C) an increase in the quantity of pork rinds demanded.
D) a decrease in the quantity of pork rinds demanded.
Correct Answer:
Verified
Correct Answer:
Verified
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