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Tidy Tidy
wrote...
Posts: 4852
8 years ago
If the price of orchids falls, the substitution effect due to the price change will cause
A) an increase in the demand for orchids.
B) an increase in the demand for roses, a substitute for orchids.
C) an increase in the quantity demanded of orchids.
D) an increase in the quantity supplied of orchids.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 672 times
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Chimelo46Chimelo46
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Posts: 5641
8 years ago
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8 years ago
It was nothing, thanks for updating us.
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