If the price of good A increases relative to the price of substitutes B and C, the demand for Options: A . &nbspB will increase B . &nbspC will increase C . &nbspBoth B and C will increase D . &nbspB and C will decrease

If the price of good A increases relative to the price of substitutes B and C, t

Question

If the price of good A increases relative to the price of substitutes B and C, the demand for

Options:

A . B will increase

B . C will increase

C . Both B and C will increase

D . B and C will decrease

Answer: Option C

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