Question 10

Given that beef and fish are substitutes, a rise in the price of beef relative to that of fish will

  • A.Induce greater demand for beef
  • B.Induce greater demand for fish
  • C.Induce lower demand for fish
  • D.Equate demand for beef and fish
Objective

Question details

Exam body
FUTA
Subject
Economics
Year
2006/2007
Question no.
#10
Type
Objective

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