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Suppose that bicycles and skateboards are substitute goods. All else equal, if the price of bicycles decreases, there will be: a. an upward movement upward
Suppose that bicycles and skateboards are substitute goods. All else equal, if the price of bicycles decreases, there will be:
a. an upward movement upward along the bicycle demand curve.
b. a downward movement along the skateboard demand curve.
c. a decrease in the demand curve for skateboards.
d. an increase in the demand curve for bicycles.
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