If goods J and K are substitutes, an increase in the price of J causes:
A) the demand curve for K to shift towards the origin.
B) K's demand curve to shift to the right.
C) the demand for J to increase.
D) the demand curves for both J and K to shift to the left.

Question

Quizplus · Accepted Answer

When goods J and K are substitutes, an increase in the price of J makes K relatively cheaper, leading consumers to buy more of K, shifting K's demand curve to the right.

If Goods J and K Are Substitutes, an Increase in the Price