History, 26.06.2020 16:01 jordanrose98
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If butter and margarine are considered to be substitutes; what happens to the price and quantity of margarine if the price of butter increases?
A. Price of margarine decreases and the quantity increases.
B. Price and quantity remains unchanged.
C. Price of margarine increases and the quantity decreases.
D. Price of margarine increases and the quantity demand increases.
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