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Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111Economics for Today 9th Edition by Irvin Tucker
Edition 9ISBN: 978-1305507111 Exercise 35
The change in quantity demanded resulting from a change in purchasing power is known as the
A) income effect.
B) substitution effect.
C) law of demand.
D) consumer equilibrium effect.
A) income effect.
B) substitution effect.
C) law of demand.
D) consumer equilibrium effect.
Explanation
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The income effect is the change in quant...
Economics for Today 9th Edition by Irvin Tucker
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