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Business, Economics and Commercial Studies Discussion Group
Orgie Undap
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Beef and leather belts are complements in production. If people’s concern about health shifts the demand curve for beef leftward, the result in the market for leather belts will be
(, )
The supply curve for leather belts will shift left wards at every point. This results in a higher equilibrium point for the leather belts (equilibrium point of supply of belts and demand for belts) therefore an increase in price in belts.