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The substitution effect of a price change describes what happens to the shift in demand for a good when its price changes

The substitution effect of a price change describes what happens to the shift in demand for a good when its price changes
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Model: A
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Solution Guide / Answer Key:

ECONOMICS

Multiple Choice

           The substitution effect of a price change describes what happens to the shift in demand for a good when its price changes

a.

True

b.

False

 

           FILE: MS WORD

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