The demand for lobsters is lower in the spring than in the summer. If the price of lobster is higher in spring than in summer then
a. there are more substitutes for lobster in summer than there are in spring.
b. there is a shortage of lobsters in spring and a surplus of lobster in summer.
c. the supply of lobster is greater in summer than in spring.
d. consumers' tastes for lobster are greater in spring than in summer.
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Home » Business » The demand for lobsters is lower in the spring than in the summer. If the price of lobster is higher in spring than in summer then a. there are more substitutes for lobster in summer than there are in spring. b.