Multiple Choice
An increase in the price of Colgate toothpaste,a substitute for Crest toothpaste,will cause
A) the quantity of Crest toothpaste demanded to increase.
B) the quantity of Colgate toothpaste demanded to increase.
C) the demand for Colgate toothpaste to decrease.
D) the demand for Colgate toothpaste to increase.
E) the demand for Crest toothpaste to increasE.
Correct Answer:

Verified
Correct Answer:
Verified
Q48: Some economics students cite the following three
Q49: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3713/.jpg" alt=" -The data show
Q50: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3713/.jpg" alt=" -The equilibrium price
Q51: Suppose that both the supply of beer
Q52: Suppose that the price of beer increases.One
Q54: Suppose that the demand curve for a
Q55: Suppose that both the equilibrium price and
Q56: If price is below the equilibrium value,then<br>A)
Q57: If the price of network servers increases,the
Q58: One of the assumptions of the supply