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If margarine and butter are substitute goods, which of the following will result in an...

If margarine and butter are substitute goods, which of the following will result in an increase in the demand for margarine?

A.

An increase in the price of butter

B.

An increase in the supply of margarine

C.

A decrease in the supply of margarine

D.

A decrease in the price of butter

Praxis Business-Education-Content-Knowledge-5101 Summary

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  • Product: Business-Education-Content-Knowledge-5101
  • Update on: Oct 23, 2025
  • Questions: 120
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