AP® Macroeconomics

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Cookie Supply and Demand: Increase in the Price of a Related Good

APMACR-DCL3U6

Cakes and cookies are made from the same ingredients.

If the price of cakes goes up, what would happen in the market for cookies?

A

The supply of cookies would increase.

B

The quantity supplied of cookies would increase.

C

The supply of cookies would decrease.

D

The demand for cookies would decrease.

E

The quantity demanded of cookies would decrease.