Figure 21-12
-Refer to Figure 21-12. Suppose that a consumer is originally at point R. Then the price of good X decreases. Which of the following represents the substitution effect of the price decrease?
A)The movement from point R to point S
B)The movement from point R to point T
C)The movement from point T to point S
D)The movement from point T to point R

Question

Figure 21-12 
-Refer to Figure 21-12. Suppose that a consumer is originally at point R. Then the price of good X decreases. Which of the following represents the substitution effect of the price decrease?
A)The movement from point R to point S 
B)The movement from point R to point T 
C)The movement from point T to point S 
D)The movement from point T to point R

Quizplus · Accepted Answer

The Answer of Figure 21-12 
-Refer to Figure 21-12. Suppose that a consumer is originally at point R. Then the price of good X decreases. Which of the following represents the substitution effect of the price decrease?
A)The movement from point R to point S 
B)The movement from point R to point T 
C)The movement from point T to point S 
D)The movement from point T to point R

Figure 21-12 -Refer to Figure 21-12. Suppose That a Consumer Is Originally