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If the Price of Beef Jerky Rises,the Substitution Effect Due

Question 225

Multiple Choice

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


A) an increase in the demand for beef jerky.
B) an increase in the demand for hot sauce,a complement for beef jerky.
C) an increase in the quantity of beef jerky demanded.
D) a decrease in the quantity of beef jerky demanded.

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