An increase in the price of a substitute shifts the demand curve to the _______
A)right
B)left
C)it does not change the demand curve
D)none of the above

Name: An increase in the price of a substitute shifts the demand curve to the _______ A)right B)left C)it does not change the demand curve D)none of the above
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Question

An increase in the price of a substitute shifts the demand curve to the _______​
A)​right
B)left
C)it does not change the demand curve
D)​none of the above

Quizplus · Accepted Answer

When the price of a substitute for a good increases, consumers are likely to switch their demand to the good in question, thus shifting its demand curve to the right.

An Increase in the Price of a Substitute Shifts the Demand