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For normal goods, the substitution and income effects of a price decrease will

chomtong

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7 years ago

For normal goods, the substitution and income effects of a price decrease will

For normal goods, the substitution and income effects of a price decrease will
A) the substitution effect will decrease the quantity of the good demanded while the income effect will increase the quantity of the good demanded.
B) the substitution effect will increase the quantity of the good demanded while the income effect will decrease the quantity of the good demanded.
C) both increase the quantity of the good demanded.
D) both decrease the quantity of the good demanded.

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goldlilys

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chomtong Author

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7 years ago

Good timing, thanks!

veronee_madison

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This site is awesome

Brownr40

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Smart ... Thanks!

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