If the price of gadgets falls and gadgets and widgets are substitutes, we would expect:
A) The quantity of gadgets demanded to increase and the demand for widgets to increase.
B) The quantity of widgets demanded to decrease and the demand for gadgets to increase.
C) The quantity of gadgets demanded to increase and the demand for widgets to decrease.
D) The quantity of widgets demanded to decrease and the demand for gadgets to decrease.
Correct Answer:
Verified
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