Ask Question
18 November, 22:10

The substitution effect Multiple Choice A. is generally so weak that its effect cannot be predicted. B. for an increase in the relative price of a good is sometimes positive but sometimes negative. C. measures the change in the quantity demanded of a good from a change in its relative price. D. measures the change in the quantity of a good demanded brought about by a change in real income associated with a change in the price of the good.

+3
Answers (1)
  1. 18 November, 22:43
    0
    D

    Explanation:

    Substitution effect is the change in the quantity of a good demanded based on change in price and relative change in income
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The substitution effect Multiple Choice A. is generally so weak that its effect cannot be predicted. B. for an increase in the relative ...” in 📘 Social Studies if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers