Asked by dave
When the price of summer tank tops falls and you buy more because they are relatively less expensive, this is called:
Answers
Answered by
bobpursley
The Law of Demand.
Answered by
Anonymous
51) When the price of summer tank tops falls and you buy more them because
they are relatively less expensive, this is called
a. the elasticity effect.
b. the deadweight loss effect.
c. the income effect.
d. the substitution effect.
they are relatively less expensive, this is called
a. the elasticity effect.
b. the deadweight loss effect.
c. the income effect.
d. the substitution effect.
Answered by
Anwyn
Substitution effect of a price change
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