Suppose Butter Is a Substitute Good for Margarine

question 15

Multiple Choice

Suppose butter is a substitute good for margarine.And suppose the price of butter increases.Which of the following is most likely to occur?  

• A) a rightward shift of the demand curve for margarine 
• B) a leftward shift of the demand curve for margarine 
• C) an increase in the quantity of margarine demanded 
• D) a decrease in the quantity of margarine demanded

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Definitions:

Primary Appraisal

An initial evaluation of whether an event is (1) irrelevant to one, (2) relevant, but not threatening, or (3) stressful.

Direct Supervisor

The immediate superior in the workplace responsible for overseeing an employee's daily activities.

Analysis

The process of examining components or structure of a substance, system, or theory to understand its nature or to determine its essential features.

Everyday Hassles

Routine challenges or minor disturbances that occur in day-to-day life and can contribute to stress.