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corie corie
wrote...
Posts: 767
6 years ago
Assume that beer is a normal good.  If the price of beer rises, then the substitution effect results in the person buying ________ of the good and the income effect results in the person buying ________ of the good.
A) more, more     
B) more, less     
C) less, more     
D) less, less
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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Bart_argBart_arg
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Posts: 570
6 years ago
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corie Author
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6 years ago
Helped a lot
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This site is awesome
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Thanks for your help!!
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