If tablet computers are considered substitutes for e-readers,the increase in the price of tablet computers would,all else equal,
A)increase the demand for e-readers.
B)decrease the demand for e-readers.
C)increase the quantity of e-readers demanded.
D)decrease the quantity of e-readers demanded.

Question

Quizplus · Accepted Answer

When the price of a substitute good (tablet computers) increases, consumers are likely to switch to the other substitute (e-readers), thus increasing the demand for e-readers.

If Tablet Computers Are Considered Substitutes for E-Readers,the Increase in the Price