Which statement about substitutes and demand is most accurate when substitutes become more expensive?

• A. Demand for the given good increases as substitutes rise in price.
• B. Demand for the given good decreases as substitutes rise in price.
• C. Demand for the given good remains unchanged when substitutes rise in price.
• D. Demand for the given good becomes perfectly elastic when substitutes rise in price.

Answer: (A)