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10 December, 05:18

The price of shirts declines dramatically. Javier now feels richer and buys more shirts than he normally would. This situation is an example of the

A) income effect

B) law of supply

C) substitution effect

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Answers (2)
  1. 10 December, 08:34
    0
    I think the answer for this question is A
  2. 10 December, 09:05
    0
    The answer would be income effect
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