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Business, 09.02.2022 05:10 nelly1078

For this question, consider the market for cheddar cheese in the United States. The discovery of cheaper synthetic flavoring lowers the price for American cheese. American cheese is considered a substitute good for cheddar cheese by most consumers.
Which curve shifts and in which direction (in the cheddar cheese market)?
A) demand moves left
B) demand moves right
C) supply moves left

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For this question, consider the market for cheddar cheese in the United States. The discovery of c...
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