The price of hot dogs drops by $1, What will happen to the demand for the hot dog substitutes? It will

Substitute and complement Goods

Quiz
•
Other
•
11th Grade
•
Medium
Sana Ben hamouda
Used 38+ times
FREE Resource
4 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Decrease
Increase
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Pen and Pencil are substitute product.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When price of good A Increase the substitute demand curve of good B will shift?
Right
Left
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Change in quantity demanded means:
Shift of the curve
Movement along the curve
none of above
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