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Other Fields Homework Help Economics Topic started by: thomas3333 on Aug 20, 2018



Title: The fact that consumers will purchase more of a good that has become relatively cheaper
Post by: thomas3333 on Aug 20, 2018
The fact that consumers will purchase more of a good that has become relatively cheaper
A) is called the nominal income effect.
B) is called the substitution effect.
C) leads to an upward sloping demand curve.
D) leads to negative marginal utility.


Title: The fact that consumers will purchase more of a good that has become relatively cheaper
Post by: anonymous661 on Aug 20, 2018
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