If the Price of Apples Goes Down, Then the Demand

question 348

Multiple Choice

If the price of apples goes down, then the demand for pears will

• A) increase, assuming apples and pears are substitutes.
• B) decrease, assuming apples and pears are substitutes.
• C) decrease, assuming apples and pears are complements.
• D) remain constant, assuming apples and pears are related goods.

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Definitions:

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