If butter and margarine are substitute goods, an increase in the price of butter is most likely to cause: a) a rightward shift of demand for margarine. b) a leftward shift of demand for margarine. c) the

If butter and margarine are substitute goods, an increase in the price of butter is most likely to cause:

a) a rightward shift of demand for margarine.
b) a leftward shift of demand for margarine.
c) the quantity demanded for margarine to increase.
d) the quantity demanded for margarine to decline.
e) a decline in the price of margarine.

1 Answer

If butter and margarine are substitute goods, an increase in the price of butter is most likely to cause: a) a rightward shift of demand for margarine. b) a leftward shift of de…

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

Please log in or register to add a comment.

Related questions

Categories

Other Questions