If the Price of Grapefruit Rises, the Substitution Effect Due

question 236

Multiple Choice

If the price of grapefruit rises, the substitution effect due to the price change will cause

• A) a decrease in the demand for grapefruit.
• B) a decrease in the demand for oranges, a substitute for grapefruit.
• C) a decrease in the quantity demanded of grapefruit.
• D) a decrease in the quantity supplied of grapefruit.

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