If Two Goods Are Substitutes,then an Increase in the Price

question 45

Multiple Choice

If two goods are substitutes,then an increase in the price of one will cause

• A) A leftward shift of the demand curve for the other good
• B) A rightward shift of the demand curve for the other good
• C) A movement up and to the left along the demand curve for the other good
• D) A movement down and to the right along the demand curve for the other good

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Definitions:

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An American art movement of the 1920s and 1930s. The Precisionists concentrated on portraying manmade environments in a clear and concise manner to express the beauty of perfect and precise machine forms.

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