Suppose the demand for books goes down when the price of video games goes down. We can say that these two goods are

Name: Suppose the demand for books goes down when the price of video games goes down. We can say that these two goods are
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Question

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Books and video games are substitutes because a decrease in the price of video games leads to a decrease in the demand for books, indicating that consumers may switch from buying books to buying video games.

Suppose the Demand for Books Goes Down When the Price