if the price of margarine rises substantially, the equilibrium price and quantity of butter demand…

if the price of margarine rises substantially, the equilibrium price and quantity of butter demand will
  • A.
    decrease
  • B.
    increase
  • C.
    remain constant
  • D.
    fluctuate
  • E.
    be inelastic
Correct Answer: Option B
Explanation
You May Also Like