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Title: Suppose hamburger is an inferior good, but not a Giffen good, for Bob. If the price of hamburgers ... Post by: djsmyers on Nov 12, 2017 Suppose hamburger is an inferior good, but not a Giffen good, for Bob. If the price of hamburgers increases,
A) the income effect is greater than the substitution effect. B) the income effect is smaller than the substitution effect. C) consumption of hamburger will increase. D) We are unable to judge the change of hamburger consumption. Title: Re: Suppose hamburger is an inferior good, but not a Giffen good, for Bob. If the price of ... Post by: forrest on Nov 12, 2017 Content hidden
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