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A and B are two goods that are substitutes. If the price of B increases, while no significant change happens to the supply of A
A and B are two goods that are substitutes. If the price of B increases, while no significant change happens to the supply of A or B, then how do A's equilibrium quantity (Q) and price(P) move? Group of answer choices Q up, P up Q up, P down Q up, P ambiguous Q down, P up
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Principles of Economics
Authors: Fred M. Gottheil
7th edition
978-1133962069, 9781285064444, 1133962068, 1285064445, 978-1285064437
