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Lettuce and Spinach Are Substitute Goods

Question 70

Multiple Choice

Lettuce and spinach are substitute goods.All else equal,if a spinach beetle destroys half of the nation's spinach crop,we predict that the equilibrium price of lettuce will ________ and the equilibrium quantity of spinach will ________.


A) rise; rise
B) rise; fall
C) fall; rise
D) fall; fall

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