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If Coke and Fanta are close substitutes to each other, a rise in price of Coke
Economics
Elementary Theory of Demand
Question
Updated
19 Aug 2026
If Coke and Fanta are close substitutes to each other, a rise in price of Coke will lead to ______ for Fanta.
A
Choose Your Answer
A
Decrease in demand.
B
Increase in demand.
C
Increase in quantity supplied.
D
No change in demand.
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