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25 March, 09:52

The Income Effect states that if a change in prices causes consumers to have lower real incomes, then consumers would

demand a greater quantity of goods than normal.

demand a lesser quantity of goods than normal.

demand the same quantity of goods as normal.

stop demanding a good.

Answers (1)
  1. B
    25 March, 12:38
    0
    demand a lesser quantity of goods than normal.
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