If Tastes for a Good Increased and the Price of a Substitute

question 145

Multiple Choice

If tastes for a good increased and the price of a substitute good decreased at the same time, as a result:

• A)prices would rise.
• B)prices would fall.
• C)larger quantities to be exchanged.
• D)smaller quantities to be exchanged.
• E)we would not know which direction either prices or quantities exchanged would be altered without more information.

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Evidence-Based Practice

The conscious, explicit, and judicious use of current evidence in making decisions about the care of individual patients.

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