1.8. If the price of margarine decreases, what happens to the demand for butter? What happens to...
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1.8. If the price of margarine decreases, what happens to the demand for butter? What happens to the equilibrium quantity and price for butter? What would happen ifbutter and margarine were not substitutes? Use a supply and demand diagram to support your answer.
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Related Book For 
Modern Principles Microeconomics
ISBN: 9781429239998
2nd Edition
Authors: Tyler Cowen, Alex Tabarrok
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