An increase in the supply of a good is expected to have what effect on its price? What will be the effect on the demand for substitutes?

MACROECONOMICS FOR TODAY
10th Edition
ISBN:9781337613057
Author:Tucker
Publisher:Tucker
Chapter4: Markets In Action
Section: Chapter Questions
Problem 5SQP
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An increase in the supply of a good is expected to have what effect on its price? What will be the effect on the demand for substitutes?

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