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Other Fields Homework Help Economics Topic started by: Ingy_ on Jul 22, 2019



Title: The change in the quantity consumed that is caused by a change in the relative price of a good, with ...
Post by: Ingy_ on Jul 22, 2019
The change in the quantity consumed that is caused by a change in the relative price of a good, with real income held constant, refers to the:

▸ equimarginal rule.

▸ law of diminishing marginal utility.

▸ income effect.

▸ substitution effect.


Title: The change in the quantity consumed that is caused by a change in the relative price of a good, with ...
Post by: swolfe15 on Jul 22, 2019
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