Butter and margarine are substitute goods.A tax on butter will have what effect on the market for margarine?
A) The supply of margarine will increase,causing its price to fall.
B) The demand for margarine will increase,causing its price to rise.
C) The demand for margarine will decrease,causing its price to fall.
D) Both the supply and demand of margarine will decrease,causing price to fall.
E) The supply of margarine will decrease,causing price to rise.
Correct Answer:
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