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For most goods, the substitution effect of a price change is smaller than the income effect.

stars_and_moon

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7 years ago

For most goods, the substitution effect of a price change is smaller than the income effect.

For most goods, the substitution effect of a price change is smaller than the income effect.
A) True
B) False

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kingby

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stars_and_moon Author

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7 years ago

Incredible!

kingby

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#3

7 years ago

I instantly knew the answer when I read the question, happy to help

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