Two goods are said to be substitutes when a fall in the price of one g

Two goods are said to be substitutes when a fall in the price of one good:

A) leads to a left shift in the demand for the other good.
B) leads to a rise in the price of the other good.
C) doesn’t affect the demand for the other good.
D) leads to a right shift in the demand for the other good.

 

ANSWER

A

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00