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Assuming That Chinese Food and Thai Food Are Substitutes, If

Question 87

Multiple Choice

Assuming that Chinese food and Thai food are substitutes, if P. F. Chang's Chinese Restaurant reduces its prices:


A) ​the sales of the nearby Bahn Thai restaurant will increase.
B) ​demand for meals at P.F.Chang's will increase.
C) ​the demand for meals at the Bahn Thai restaurant will decrease.
D) ​the quantity of food demanded from P.F.Chang's will decrease.

Correct Answer:

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