An increase in the price of ice cream would cause a decrease in the demand for ice cream and an increase in the demand for frozen yogurt, a substitute.
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Q13: An increase in the price of a
Q22: A decrease in quantity demanded
A)illustrated by a
Q23: In economics, the demand for a good
Q24: The quantity demanded of a good is
Q25: Either technological progress or cost increasing new
Q26: If the market for wheat is in
Q28: "Other things equal, when the price of
Q30: The law of demand illustrates a(n) _
Q31: Which of the following is not held
Q32: Either an increase in the number of
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