If Romaine lettuce and Iceberg lettuce are substitutes, an increase in the price of Romaine lettuce will ______ the demand for Iceberg lettuce.
A) reduce
B) increase
C) not shift
D) decrease

Question

Quizplus · Accepted Answer

When the price of a substitute good (Romaine lettuce) increases, the demand for the other substitute (Iceberg lettuce) typically increases as consumers switch to the relatively cheaper option.

If Romaine Lettuce and Iceberg Lettuce Are Substitutes, an Increase