When the price of margarine increases, the demand for butter increases. Given this information, butter and margarine would be considered _____.
A) complements
B) luxury goods
C) inferior goods
D) substitutes

Name: When the price of margarine increases, the demand for butter increases. Given this information, butter and margarine would be considered _____. A) complements B) luxury goods C) inferior goods D) substitutes
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Question

Quizplus · Accepted Answer

The Answer is D

When the Price of Margarine Increases, the Demand for Butter