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If Kindle E-Readers and Nook E-Readers Are Substitutes,a Higher Price

Question 111

Multiple Choice

If Kindle e-readers and Nook e-readers are substitutes,a higher price for Nooks would result in a(n)


A) increase in the demand for Nooks.
B) decrease in the demand for Nooks.
C) increase in the demand for Kindles.
D) decrease in the demand for Kindles.

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