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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