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Tidy Tidy
wrote...
Posts: 4852
8 years ago
If the price of beef jerky rises, the substitution effect due to the price change will cause
A) an increase in the demand for beef jerky.
B) an increase in the demand for hot sauce, a complement for beef jerky.
C) an increase in the quantity of beef jerky demanded.
D) a decrease in the quantity of beef jerky demanded.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 878 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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SmooothSmoooth
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Posts: 5500
8 years ago
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8 years ago
My pleasure Happy Dummy
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