Figure 21-7
-Refer to Figure 21-7.Which effect would cause the shift from point B to point C
A) the substitution effect of an increase in the price of potato chips
B) the income effect of an increase in the price of potato chips
C) the substitution effect of a decrease in the price of potato chips
D) the income effect of a decrease in the price of potato chips
Correct Answer:
Verified
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