Product A and product B are substitute products produced by competing sellers. If the price of product A falls and its sales go up, you would expect:
A) an increase in the wage of workers producing product B.
B) a decrease in the demand for workers producing product B.
C) an increase in the demand for workers producing product B.
D) an increase in the wage of workers producing both product A and product B.
Correct Answer:
Verified
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