Other things remaining the same,an increase in the price of butter can be expected to
A)increase margarine sales.
B)decrease margarine sales.
C)increase butter sales.
D)None of the above

Question

Quizplus · Accepted Answer

When the price of butter increases, consumers may look for cheaper alternatives, leading to an increase in margarine sales, as margarine is often considered a substitute for butter.

Other Things Remaining the Same,an Increase in the Price of Butter