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If tea and coffee are substitutes and both are normal goods, what would happen to the consumption of tea and coffee if: a. the price
If tea and coffee are substitutes and both are normal goods, what would happen to the consumption of tea and coffee if:
a. the price of tea increased.
b. consumer incomes increased.
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Managerial Economics and Business Strategy
Authors: Michael R. baye
7th Edition
978-0073375960, 71267441, 73375969, 978-0071267441
