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If the Apple Watch and the Samsung Gear S2 Are

Question 185

Multiple Choice

If the Apple Watch and the Samsung Gear S2 are considered substitutes, then, other things equal, an increase in the price of the Apple Watch will


A) decrease the demand for the Apple Watch.
B) increase the demand for the Gear S2.
C) increase the quantity demanded for the Gear S2.
D) increase the quantity demanded for the Apple Watch.

Correct Answer:

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