If the Prices of Substitute Goods Decrease,the Demand Curve Will

question 22

Multiple Choice

If the prices of substitute goods decrease,the demand curve will shift to the _____ and the price will _____.

• A)right; fall
• B)left; fall
• C)right; rise
• D)left; rise

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Definitions:

Senior-Level Managers

Executives and high-level managers responsible for making strategic decisions and overseeing the entire organization or major parts of it.

Alignment

Alignment in a business context involves ensuring that various aspects of an organization's operations, such as its strategy, goals, and activities, are coherent and support each other in achieving the organization's objectives.

Performance Data

Information related to the execution, outcomes, and efficiency of tasks by individuals or systems.

Retail Clerk

An employee in a retail environment responsible for customer service, handling transactions, and organizing merchandise.