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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Related Book For
Fundamentals Of Financial Planning
ISBN: 9781936602094
3rd Edition
Authors: Michael A Dalton, Joseph Gillice
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