The price of a tomato increases and people buy more lettuce. You infer that lettuce and tomatoes are

Name: The price of a tomato increases and people buy more lettuce. You infer that lettuce and tomatoes are
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When the price of a product increases and consumers buy more of another product instead, it indicates that the two products are substitutes for each other. In this case, lettuce is a substitute for tomatoes.

The Price of a Tomato Increases and People Buy More