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  3. Study Set
    Foundations of Macroeconomics
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    Exam 5: Elasticities of Demand and Supply
  5. Question
    If the Price of a One Good Increases and the Quantity
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If the Price of a One Good Increases and the Quantity

Question 62

Question 62

Multiple Choice

If the price of a one good increases and the quantity demanded of a different good decreases,then these two goods are


A) substitutes.
B) normal goods.
C) inferior goods.
D) inelastic goods.
E) complements.

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