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Title: Assume that beer is an inferior good. If the price of beer falls, then the substitution effect ... Post by: nakungth on Oct 24, 2017 Assume that beer is an inferior good. If the price of beer falls, then the substitution effect results in the person buying ________ of the good and the income effect results in the person buying ________ of the good.
A) more, more B) more, less C) less, more D) less, less Title: Re: Assume that beer is an inferior good. If the price of beer falls, then the substitution effect ... Post by: Bart_arg on Oct 24, 2017 Content hidden
Title: Re: Assume that beer is an inferior good. If the price of beer falls, then the substitution effect ... Post by: nakungth on Aug 15, 2018 Thanks, very pleased with your answer
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