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If Two Goods, Such as Tea and Coffee, May Be

Question 24

Multiple Choice

If two goods, such as tea and coffee, may be considered perfect substitutes, their price-quantity relations may be depicted by which panel in the figure below? If two goods, such as tea and coffee, may be considered perfect substitutes, their price-quantity relations may be depicted by which panel in the figure below? A) a. B) b. C) c. D) d. E) e.


A) a.
B) b.
C) c.
D) d.
E) e.

Correct Answer:

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