Unless commodities are perfect complements or perfect substitutes, a price change will always result in an income effect.
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Q18: The rate at which a consumer is
Q19: A consumer who chooses to consume at
Q20: When a consumer's consumption of one good
Q21: The marginal rate of substitution is also
Q22: If a consumer wants less of a
Q24: The point at which the indifference curve
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Q26: It is plausible for the labour supply
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