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Assume that bagels and donuts are consumer substitutes. The graphs below show the market for bagels. Which graph shows the effect of a decrease in
Assume that bagels and donuts are consumer substitutes. The graphs below show the market for bagels. Which graph shows the effect of a decrease in the price of donuts? a. demand curve shifts right; b. demand curve shifts left; c. supply curve shifts right; d. supply curve shifts left
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Microeconomics
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
1st Edition
978-1464146978, 1464146977
