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Other Fields Homework Help Economics Topic started by: Mandolina on May 25, 2017



Title: One reason that consumers choose to buy more of a product at a lower price than at a higher price is ...
Post by: Mandolina on May 25, 2017
One reason that consumers choose to buy more of a product at a lower price than at a higher price is because the product becomes more attractive relative to other items serving the same function. This is called
A) the substitution effect.
B) the price effect.
C) the income effect.
D) the normal good effect.
E) the Adam Smith effect.


Title: Re: One reason that consumers choose to buy more of a product at a lower price than at a higher ...
Post by: Vila on May 25, 2017
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Title: Re: One reason that consumers choose to buy more of a product at a lower price than at a higher price is ...
Post by: Mandolina on Jun 25, 2017
YOU SAVED MY LIFE AND MY GRADE!

Thank you!