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Orange Juice and Cranberry Juice Are Substitute Goods

Question 137

Multiple Choice

Orange juice and cranberry juice are substitute goods.An increase in the price of orange juice results in a(n)


A) increase in the demand for orange juice
B) increase in the supply of cranberry juice
C) increase in the quantity demanded of orange juice
D) increase in the demand for cranberry juice
E) decrease in the quantity demanded of cranberry juice

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