asked 27.2k views
3 votes
Help ASAP

If butter and margarine are considered to be substitutes; what happens to the price and quantity of margarine if the price of butter increases?
A. Price of margarine decreases and the quantity increases.
B. Price and quantity remains unchanged.
C. Price of margarine increases and the quantity decreases.
D. Price of margarine increases and the quantity demand increases.

1 Answer

3 votes
The answer would be b
answered
User BeYourOwnGod
by
8.4k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.