Let’s assume that tuna and salmon are substitute for one another. Suppose the price of tuna increases. What would you expect to happen to the demand for salmon? Group of answer choices The demand for salmon would increase. The demand for salmon would decrease. The demand for salmon would stay the same. Not enough information
Let’s assume that tuna and salmon are substitute for one another. Suppose the price of tuna increases. What would you expect to happen to the demand for salmon? Group of answer choices The demand for salmon would increase. The demand for salmon would decrease. The demand for salmon would stay the same. Not enough information
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Let’s assume that tuna and salmon are substitute for one another. Suppose the
Group of answer choices
The demand for salmon would increase.
The demand for salmon would decrease.
The demand for salmon would stay the same.
Not enough information
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