California Moon Drops (red grapes) and Washington Concord grapes are substitutes for juice. A drought in California
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Question:
California Moon Drops (red grapes) and Washington Concord grapes are substitutes for juice. A drought in California destroyed a good portion of the grapes, ceteris paribus, we have ____,
A) the price of both Moon Drops and Concord and will fall.
B) the price of Moon Drops will fall, and the price of Concord will increase.
C) the price of both Moon Drops and Concord will increase.
D) the price of Moon Drops increase, the price of Concord will fall.
Related Book For
Business Law With UCC Applications
ISBN: 9780073524955
13th Edition
Authors: Gordon Brown, Paul Sukys
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