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Suppose wendy's hamburgers havewendy's hamburgers have manymany close substitutes available. if so, then an increase in the price of wendy's hamburgerswendy's hamburgers will likely
a. decrease the quantity of wendy's hamburgerswendy's hamburgers demanded by a relatively smallsmall amount.
b. not change the quantity of wendy's hamburgerswendy's hamburgers demanded.
c. increase the quantity of wendy's hamburgerswendy's hamburgers demanded by a relatively large amount.
d. increase the quantity of wendy's hamburgerswendy's hamburgers demanded by a relatively small amount.
e. decrease the quantity of wendy's hamburgerswendy's hamburgersdemanded by a relatively largelarge amount.
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Answers: 3
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Suppose wendy's hamburgers havewendy's hamburgers have manymany close substitutes available. if so,...
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