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18. Would you expect, in some cases, to see only an income effect or only a substitution effect? Explain.19. Which is larger, the income effect or the substitution effect​
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18. Would you expect, in some cases, to see only an income effect or only a substitution effect? Explain.19. Which is larger, the income effect or the substitution effect​

User Jon Raynor
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The income effect because you’ll gain more money personally and the substitution effect is about everybody in the building getting a “fair share”.
User Merve
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