Question: 5 Multiple Choice 1 point Assume that consumers consider popcorn and pretzels to be substitutes. A significant decrease in the supply of popcorn will affect

5

Multiple Choice

1

point

Assume that consumers consider popcorn and pretzels to be substitutes. A significant decrease in the supply of popcorn will affect the pretzel market by

4

MIM

14

increasing the supply of pretzels and therefore the price of pretzels

decreasing the demand for pretzels and therefore the price of pretzels

increasing the demand for pretzels and therefore the price of pretzels

decreasing the supply of pretzels and therefore the price of pretzels

increasing the demand for pretzels and therefore the supply of pretzels

5 Multiple Choice 1 point Assume that consumers

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