If Two Goods Are Substitutes,then

question 116

Multiple Choice

If two goods are substitutes,then

• A) an increase in the demand for one of them will lead to an increase in demand for the other
• B) an increase in the demand for one of them will lead to a decrease in demand for the other
• C) an increase in the supply of one of them will lead to an increase in supply of the other
• D) an increase in the supply of one of them will lead to a decrease in supply for the other
• E) they cannot be produced at the same time

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Definitions:

Stylistic Considerations

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An interdisciplinary approach that integrates social science, design, and strategy to address and improve societal issues through innovative solutions.

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