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Lisa [10]
3 years ago
7

Plastic and steel are substitutes in the production of body panels for certain automobiles. If the price of plastic increases, w

ith other things remaining the same, we would expect:
Business
1 answer:
Neporo4naja [7]3 years ago
4 0

Answer:

The demand curve for steel to shift to the right

Explanation:

The question isn't complete. The full question can be found: https://www.chegg.com/homework-help/questions-and-answers/3-plastic-steel-substitutes-production-body-panels-certain-automobiles-price-plastic-incre-q31436687

Substitutes goods are goods that can be used in place of one another. If the price of plastic increases, consumers shift to steel, its demand increases and the supply curve shifts to the right.

I hope my answer helps you

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