Top Posters
Since Sunday
c
5
j
5
a
5
L
5
f
5
j
5
D
4
k
4
y
4
t
4
h
4
l
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
pirex pirex
wrote...
Go to Answer
Posts: 634
Rep: 13 1
6 years ago
What is the primary difference between the substitution and the income effect of a price change?
A) The substitution effect holds income constant and the income effect holds utility constant.
B) The substitution effect is always positive and the income effect is always negative.
C) The substitution effect holds utility constant and the income effect holds prices constant.
D) The substitution effect is always negative and the income effect is always positive.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 53 times
1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
Replies
Answer verified by a subject expert
ChronosChronos
wrote...
#1
Posts: 404
Rep: 2 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

pirex Author
wrote...

6 years ago
Thanks
klyn
wrote...

Yesterday
this is exactly what I needed
jasonbourne
wrote...

2 hours ago
Smart ... Thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  831 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 443
  
 71
  
 291
Your Opinion
What's your favorite coffee beverage?
Votes: 299
Previous poll results: Should Ph.D.'s be addressed as doctors?