Because new plastic and recycled plastic are substitutes, as the price of newly produced plastic decreases
A) the demand curve for recycled plastic shifts to the left.
B) there is a movement up along the demand curve for recycled plastic.
C) there is a movement down along the demand curve for recycled plastic.
D) the demand curve for recycled plastic shifts to the right.
Question 2
If a brewery wants to raise funds to purchase a new fermenting vat, it does so in the
A) alcoholic beverages market. B) output market.
C) factor market. D) product market.
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