Market price of pine sol, Microeconomics

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1.  Clorox lowers the price of its GreenWorksTM bathroom cleaner.  All other things remaining the same, choose how you think this will impact the market price of Pine-Sol. (Circle one).  

a. It will raise the price of Pine-Sol because they are substitute products

b. It will lower the price of Pine-Sol because they are substitute products

c. It will raise the price of Pine-Sol because they are complement products

d. It will lower the price of Pine-Sol because they are complement products

 


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