Question: Substitution is a common practice for consumers. When the relative price of a good gets higher, consumers respond by purchasing Group of answer choices a

Substitution is a common practice for consumers. When the relative price of a good gets higher, consumers respond by purchasing
Group of answer choices
a smaller quantity of that good and a smaller quantity of substitutes for that good.
a larger quantity of that good and a larger quantity of substitutes for that good.
a smaller quantity of that good and a larger quantity of substitutes for that good.
a larger quantity of that good and a smaller quantity of substitutes for that good.

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