Use the Following to Answer Questions

Multiple Choice

Use the following to answer questions :
Figure 3-2
-Let P* and Q* in Figure 3-2 represent market clearing price and quantity, respectively, of good Q.Given the supply and demand curves drawn in Figure 3-2, a reduction in the price of a substitute good for Q will cause:

A) P* and Q* to climb.
B) P* to climb while Q* declines.
C) P* to climb while Q* holds fixed.
D) P* to fall while Q* climbs.
E) P* and Q* to fall.