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Suppose Oranges and Clementines Are Considered to Be Substitutes

Question 99

Multiple Choice

Suppose oranges and clementines are considered to be substitutes. Holding everything else constant, if the price of oranges increases, then the demand for _____ will _____.


A) clementines; increase
B) clementines; decrease
C) oranges; increase
D) oranges; decrease

Correct Answer:

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