Nenelovezero5371 Nenelovezero5371

07-11-2017
Business

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When the price of an inferior good falls, the substitution effect contributes to _ in the quantity demanded, and the income effect _ the substitution effect?

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nobillionaireNobley nobillionaireNobley

18-11-2017

When the price of an inferior good falls, the substitution effect contributes to an increase in the quantity demanded, and the income effect opposes the substitution effect.

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