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If the price of a good increases, the demand for substitutes of that good will
shortage
increase
increases
increase
surplus
complimentary goods
increase
decreases
If the price of a good decreases, demand will
shortage
increase
increases
increase
surplus
complimentary goods
increase
decreases
Which market situation occurs if the price of a good falls below equilibrium price?
shortage
increase
increases
increase
surplus
complimentary goods
increase
decreases
Which type of goods do consumer purchase to use with other products?
shortage
increase
increases
increase
surplus
complimentary goods
increase
decreases
If a person's income were to increase, their demand for goods will
shortage
increase
increases
increase
surplus
complimentary goods
increase
decreases
Which market situation occurs if the price of a good rises above the equilibrium price?
shortage
increase
increases
increase
surplus
complimentary goods
increase
decreases
If the price of a good increases, supply will
shortage
increase
increases
increase
surplus
complimentary goods
increase
decreases
If the price of a good decreases, supply will
shortage
increase
increases
increase
surplus
complimentary goods
increase
decreases
Check it!