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If Goods Are Perfect Substitutes,what Is the Income Effect of a Price

Question 120

Multiple Choice
If goods are perfect substitutes,what is the income effect of a price change on the other good A)positive only B)zero only C)negative only D)zero or positive

If goods are perfect substitutes,what is the income effect of a price change on the other good


A) positive only
B) zero only
C) negative only
D) zero or positive

Correct Answer:

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