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Commerce · Q853

Economics

Graduate and Post Graduate · Commerce · question 853

Q853

An increase in the number of fast-food restaurants

A.
Increases the demand for substitutes for fast-food meals
B.
Raises the prices of fast-food meals
C.
Increases the supply of fast-food meals
Answer
D.
Increases the demand for fast-food meals

Answer: Option C

Solution

Answer: Option C
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