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The question related to this reference involve a normal product. 1.Increase in price A. Increase in quantity 2. Decrease in price B. Decrease in quantity
The question related to this reference involve a normal product. 1.Increase in price A. Increase in quantity 2. Decrease in price B. Decrease in quantity traded 3. No change in price C. No change in quantity traded 4 Indeterminate price D. Indeterminate quantity traded Refer to the above information to answer this question. What would be the effect on a product if the prices of both a substitute good and a substitute in production were to decrease? Question 21Select one: A. 2 and D. B. 3 and D. C. 1 and A. D. 3 and C. E. 1 and C
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