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    If a 20 Percent Increase in the Price of One
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If a 20 Percent Increase in the Price of One

Question 84

Question 84

Multiple Choice

If a 20 percent increase in the price of one good leads to a decrease of 10 percent in the demand for another good, the goods are:


A) substitutes.
B) normal.
C) inferior.
D) complements.

Correct Answer:

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