Homework Sourse8 If two goods are substitutes in consumption an Question 19
8- If two goods are substitutes in consumption, a(n):
| | a- decrease in the price of one product will cause an increase in the demand for the other product. |
| | b- decrease in the price of one product will cause a decrease in the demand for the other product. |
| | c- increase in the price of one product will cause an increase in the supply of the other product. |
| | d- increase in the price of one product will cause a decrease in the supply of the other product. |
| | e- increase in the price of one product will cause a decrease in the demand for the other product. |
8- If two goods are substitutes in consumption, a(n):
8- If two goods are substitutes in consumption, a(n):
| | a- decrease in the price of one product will cause an increase in the demand for the other product. |
| | b- decrease in the price of one product will cause a decrease in the demand for the other product. |
| | c- increase in the price of one product will cause an increase in the supply of the other product. |
| | d- increase in the price of one product will cause a decrease in the supply of the other product. |
| | e- increase in the price of one product will cause a decrease in the demand for the other product. |
a- decrease in the price of one product will cause an increase in the demand for the other product.
b- decrease in the price of one product will cause a decrease in the demand for the other product.
c- increase in the price of one product will cause an increase in the supply of the other product.
d- increase in the price of one product will cause a decrease in the supply of the other product.
e- increase in the price of one product will cause a decrease in the demand for the other product.
| | a- decrease in the price of one product will cause an increase in the demand for the other product. |
| | b- decrease in the price of one product will cause a decrease in the demand for the other product. |
| | c- increase in the price of one product will cause an increase in the supply of the other product. |
| | d- increase in the price of one product will cause a decrease in the supply of the other product. |
| | e- increase in the price of one product will cause a decrease in the demand for the other product. |
Solution
b- decrease in the price of one product will cause a decrease in the demand for the other product.
