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What is the effect on product A of an increase in the price of substitute product B? a. It will cause a decrease in supply.
What is the effect on product A of an increase in the price of substitute product B?
a.
It will cause a decrease in supply.
b.
It will cause an increase in demand.
c.
It will cause a decrease in demand.
d.
It will cause an increase in supply.
e.
It will cause an increase in the quantity demanded.
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