Multiple Choice
Rice and potatoes are substitutes in consumption.If the price of rice rises and there is a bumper crop of potatoes,in the market for potatoes one would expect the equilibrium price to _____ and the equilibrium quantity to _____.
A) fall,rise,or stay the same;rise
B) rise;fall
C) fall;fall
D) rise;fall,rise,or stay the same
Correct Answer:
Verified
Correct Answer:
Verified
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