Multiple Choice
Consider the market for feather pillows.If there is an increase in the price of feather dusters,a substitute in production for feather pillows,then
A) the price of feather pillows decreases.
B) the demand curve for feather pillows shifts leftward.
C) the supply curve for feather pillows shifts leftward.
D) there is a downward movement along the demand curve for feather pillows.
E) the demand curve for feather pillows shifts rightward.
Correct Answer:
Verified
Correct Answer:
Verified
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