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Sublight2097 Sublight2097
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8 years ago
Suppose consumers view the George Foreman Grill and the Weber charcoal grill as close substitutes. Other things constant, a fall in the price of the George Foreman Grill would tend to
A) increase the demand for the Weber grill.
B) increase the demand for the George Foreman Grill.
C) decrease the demand for the Weber grill.
D) decrease the demand for the George Foreman Grill.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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Chimelo46Chimelo46
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8 years ago
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Sublight2097 Author
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#2
8 years ago
I've noticed they use a lot of trickery with their questions. Thank you for your input.
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#3
8 years ago
Happy to assist!
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