Due to a shortage in supply, the price of corn increases suddenly, causing a decrease in the

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Due to a shortage in supply, the price of corn increases suddenly, causing a decrease in the demand for corn and an increase in the demand for carrots. Which term best describes the relationship between corn and carrots?

a. Substitute.

b. Complement.

c. By-Products.

d. Fungible.

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Fundamentals Of Financial Planning

ISBN: 9781936602094

3rd Edition

Authors: Michael A Dalton, Joseph Gillice

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