Home/ Questions/Q 22041
Next
In Process

Quizzma Latest Questions

In:

When consumers purchase alternative products as a result of a change in the price of an original product, this illustrates

Quizzma Team

When consumers purchase alternative products as a result of a change in the price of an original product, this illustrates

  • the income effect.
  • the marginal effect.
  • the substitution effect.
  • the demand effect.



Share
    Leave an answer

    Leave an answer

    Browse

    2 Answers

    1. Anonymous

      When consumers purchase alternative products as a result of a change in the price of an original product, this illustrates:

      the substitution effect.

    3. Anonymous

      the substitution effect.

    Related Questions