Economics Question
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How can the demand for one good be affected by increased demand of another one?
- when goods are bought together, increased demand for one will decrease demand for the other.
- if goods are used together, increased demand for one will increase demand for the other.
- if goods are substitutes for each other, increased demand for one will increase demand for the other.
- a drop in price for a good will increase demand for the good and its substitute.