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If Two Goods Are Substitutes, a Decrease in the Price

question 104

True/False

If two goods are substitutes, a decrease in the price of one will result in an increase in demand for the other.


Definitions:

Temperament

The aspect of an individual's personality concerned with emotional dispositions and reactions, often evident from infancy.

Adoptive Families

Households where one or more of the children has been legally taken and raised by caregivers who are not their biological parents.

Biological Siblings

Siblings who share both biological parents and have a genetic connection, as opposed to siblings connected by adoption or step-relations.

Adoptive Parents

Individuals or couples who legally take on the parental responsibilities for a child not biologically their own.

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