Nenelovezero5371 Nenelovezero5371
  • 07-11-2017
  • Business
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When the price of an inferior good falls, the substitution effect contributes to _____ in the quantity demanded, and the income effect _____ the substitution effect?

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nobillionaireNobley
nobillionaireNobley nobillionaireNobley
  • 18-11-2017
When the price of an inferior good falls, the substitution effect contributes to an increase in the quantity demanded, and the income effect opposes the substitution effect.
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