When the price of a good falls and customers tend to buy more of it, and more of other goods, economists call this the__________ effect.

Name: When the price of a good falls and customers tend to buy more of it, and more of other goods, economists call this the__________ effect.
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When the price of a good falls, consumers have more purchasing power, allowing them to buy more of that good and other goods, which is known as the income effect.

When the Price of a Good Falls and Customers Tend