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  3. Study Set
    Macroeconomics Study Set 43
  4. Exam
    Exam 3: B: Demand, Supply, and Market Equilibrium
  5. Question
    If L and M Are Complementary Goods, an Increase in the Price
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If L and M Are Complementary Goods, an Increase in the Price

Question 209

Question 209

Multiple Choice

If L and M are complementary goods, an increase in the price of L will result in:


A) an increase in the sales of L.
B) no change in either the price or sales of M.
C) a decrease in the sales of M.
D) an increase in the sales of M.

Correct Answer:

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