Two Goods Are Considered Substitutes Only If

Two goods are considered substitutes only if

A) a decrease in the demand for one leads to a decrease in the supply of the other
B) an increase in the demand for one leads to a decrease in the supply of the other
C) an increase in the price of one leads to an increase in the demand for the other
D) a decrease in the price of one leads to an increase in the demand for the other
E) a decrease in the supply of one leads producers to switch to production of the other

Correct Answer:

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