asked 133k views
7 votes
(ECONOMICS)If butter and canola oil are substitute

goods, then an increase in the price of
butter will cause the demand for canola
oil to
1stay the same
2increase
3decrease

1 Answer

8 votes

Answer:

the demand for canola oil will increase!

Step-by-step explanation:

Due to the people wanting to pay less on products. consumers have a choice and paying less on products is one of the biggest one

butter is just a substitute, meaning it still has the same usefulness as canola oil ...

answered
User Shahrad Elahi
by
8.1k points
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