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corie corie
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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
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Microeconomics

Microeconomics


Edition: 8th
Author:
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Bart_argBart_arg
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#1
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corie Author
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6 years ago
Correct Slight Smile TY
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Smart ... Thanks!
Ivansitospeed@g
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Just got PERFECT on my quiz
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