consider-two-substitute-goods-a-and-b-if-the-price-of-good-a-increases-what-is-t

Question

Consider two substitute goods, A and B. If the price of good A increases, what is the expected impact on the demand for good B?

Accepted Answer

The demand for good B will increase.

Answer

The demand for good A will increase.

Answer

The demand for good B will remain unchanged.

Answer

The demand for good B will decrease.