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Tylenol and Acetaminophen (the generic form of Tylenol) are substitute goods. If the price of Tylenol increases, what would we expect to happen to the
Tylenol and Acetaminophen (the generic form of Tylenol) are substitute goods. If the price of Tylenol increases, what would we expect to happen to the equilibrium price and equilibrium quantity of Acetaminophen? Question 2 options: An increase in both the equilibrium price and equilibrium quantity An increase in equilibrium price and a decrease in equilibrium quantity A decrease in equilibrium price and an increase in equilibrium quantity A decrease in both the equilibrium price and equilibrium quantity
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