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Fresh Orange Juice and Frozen Orange Juice Are Substitutes in Production.The

Question 310

Multiple Choice

Fresh orange juice and frozen orange juice are substitutes in production.The price of fresh orange juice rises.As a result,the equilibrium price of frozen orange juice ________,and the equilibrium quantity ________.


A) rises; increases
B) rises; decreases
C) falls; increases
D) falls; decreases
E) does not change; decreases

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