Register
How isvthe substitution effect diffrent from the income effect ​
233k views
5 votes
How isvthe substitution effect diffrent from the income effect
​

User Chan Austin
by
5.2k points

1 Answer

3 votes
The substitution effect is similar to the income effect but it involves replacing the original product brought with a cheaper one.
User Manoj Kadolkar
by
5.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.9m questions

7.7m answers

Other Questions

In the mid-1700s, which industrializing nation was the dominant commercial power in the atlantic ocean?
The oldest known civilization in the Western Hemisphere is the
Why do you think Benito Mussolini and his appeal for a militarily powerful Italy were able to win such wide support in Italy in the aftermath of World War I?
Study the 14 century Persian image below what could one conclude about the Islamic world from this image?
Gandhi's main strategy to win independence from Britain was _____. Select the best answer from the choices provided. armed warfare careful, directed terrorism peaceful, passive resistance democratic campaigning
Link Copied!