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If the Price of Grapefruit Rises, the Substitution Effect Due

Question 236

Multiple Choice

If the price of grapefruit rises, the substitution effect due to the price change will cause


A) a decrease in the demand for grapefruit.
B) a decrease in the demand for oranges, a substitute for grapefruit.
C) a decrease in the quantity demanded of grapefruit.
D) a decrease in the quantity supplied of grapefruit.

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