If Muffins and Bagels Are Substitutes,a Higher Price for Bagels

question 69

Multiple Choice

If muffins and bagels are substitutes,a higher price for bagels would result in a(n)

• A)increase in the demand for bagels.
• B)decrease in the demand for bagels.
• C)increase in the demand for muffins.
• D)decrease in the demand for muffins.

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