Cupcakes and Granola Bars Are Substitutes in Consumption

question 338

Multiple Choice

Cupcakes and granola bars are substitutes in consumption. The price of a granola bar increases so the demand for

• A) granola bars will increase, that is, the demand curve will shift rightward.
• B) cupcakes will increase, that is, the demand curve will shift rightward.
• C) granola bars will decrease, that is, the demand curve will shift leftward.
• D) cupcakes will decrease, that is, the demand curve will shift leftward.

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Definitions:

Substance Abuse

The adverse or unsafe utilization of psychoactive substances, including alcohol and illicit drugs, which causes addiction or dependence.

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Exhibiting a composed or balanced state that reflects grace, calmness, and confidence, especially in the face of stress or uncertainty.

Early-Maturing Boys

Young males who experience physical and hormonal puberty changes earlier than the average age range for their peer group, affecting them both psychologically and socially.