Multiple Choice
As the price of butter rises, smart consumers buy
A) less margarine and the quantity demanded of butter decreases.
B) more margarine and the quantity demanded of butter decreases.
C) more margarine and the demand for butter decreases.
D) more margarine and the demand for butter increases.
E) less margarine and the quantity demanded of butter increases.
Correct Answer:
Verified
Correct Answer:
Verified
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