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Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 21
Assuming that beef and pork are substitutes, a decrease in the price of pork will cause the demand curve for beef to
A) shift to the left as consumers switch from beef to pork.
B) shift to the right as consumers switch from beef to pork.
C) remain unchanged, because beef and pork are sold in separate markets.
D) None of the answers above are correct.
A) shift to the left as consumers switch from beef to pork.
B) shift to the right as consumers switch from beef to pork.
C) remain unchanged, because beef and pork are sold in separate markets.
D) None of the answers above are correct.
Explanation
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Verified
Similarly, if the non-price determinants...
Economics for Today 9th Edition by Irvin Tucker
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