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