Business

Paula Hanna

8 May, 15:26

If butter and margarine are substitute goods, an increase in the price of butter is most likely to cause:

a) a rightward shift of demand for margarine.

b) a leftward shift of demand for margarine.

c) the quantity demanded for margarine to increase.

d) the quantity demanded for margarine to decline.

e) a decline in the price of margarine.

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