If butter and margarine are substitute goods, an increase in the price of butter is most likely to cause:
a) a rightward shift of demand for margarine.
b) a leftward shift of demand for margarine.
c) the quantity demanded for margarine to increase.
d) the quantity demanded for margarine to decline.
e) a decline in the price of margarine.
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Home » Business » If butter and margarine are substitute goods, an increase in the price of butter is most likely to cause: a) a rightward shift of demand for margarine. b) a leftward shift of demand for margarine. c) the quantity demanded for margarine to increase.