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4. What happens to the demand for a substitute good if the price of the original product decreases, all else remaining the same? * O

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4. What happens to the demand for a substitute good if the price of the original product decreases, all else remaining the same? * O (a) the demand curve shifts to the right (b) demand decreases (c) demand increases O (d) quantity supplied decreases 2 5. In economics, a shortage of a product means: *

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