Multiple Choice
If the price of Pepsi rises, the price of Coke ________ because ________.
A) falls; Coke is a normal good
B) rises; Coke and Pepsi are substitutes
C) rises; Coke is an inferior good
D) rises; Coke and Pepsi are complements
E) falls; Coke and Pepsi are substitutes
Correct Answer:
Verified
Correct Answer:
Verified
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