An increase in the price of Heinz ketchup is likely to cause:
A) an increase in the demand for Hunt's catsup,due to a change in preferences.
B) an increase in the demand for Hunt's catsup,due to a change in the price of a substitute good.
C) a decrease in the demand for Hunt's catsup,due to a change in preferences.
D) an increase in the demand for Hunt's catsup,due to a change in the price of a complementary good.
Correct Answer:
Verified
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