Multiple Choice
If products C and D are close substitutes,an increase in the price of C will:
A) tend to cause the price of D to fall.
B) shift the demand curve of C to the left and the demand curve of D to the right.
C) shift the demand curve of D to the right.
D) shift the demand curves of both products to the right.
Correct Answer:
Verified
Correct Answer:
Verified
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