Given that beef and fish are substitutes, a rise in the price of beef relative...

Economics

JAMB 1986

Given that beef and fish are substitutes, a rise in the price of beef relative to that of fish will?

A. induce greater demand for beef
B. induce greater demand for fish
C. induce lower demand for fish
D. equate demands for beef and fish

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Correct Answer: Option B

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Given that beef and fish are substitutes, a rise in the price of beef relative...

Correct Answer: Option B

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