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stone and brick are substitutes in home construction. suppose the price of stone increases due to new regulations for the stone quarrying industry. describe the impact this will have on the market for
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35 votes
35 votes
stone and brick are substitutes in home construction. suppose the price of stone increases due to new regulations for the stone quarrying industry. describe the impact this will have on the market for bricks.

User CptRobby
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25 votes
25 votes
If the price of stone increases then there will be a higher demand for bricks because consumers will opt for a cheaper alternative
User Bricca
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