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Assuming Pepsi and Coke Are Substitutes,a Decrease in the Price

Question 26

Multiple Choice

Assuming Pepsi and Coke are substitutes,a decrease in the price of Pepsi is likely to


A) decrease the demand for Coke.
B) increase the demand for Pepsi.
C) decrease the demand for Pepsi.
D) increase the demand for Coke.

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