The following can be said about the income and substitution effects of a price increase on the demand for the good whose price ros
The following can be said about the income and substitution effects of a price increase on the demand for the good whose price ros
E.
A.The former is always positive and the latter is always negative.
B.Both can be either positive or negative.
C.While the latter is always negative, the former can be either positive or negative.
D.While the former is always negative, the latter can be either positive or negative.
正确答案:While the latter is always negative, the former can be either positive or negative.
Tag:中级微观经济学
时间:2023-12-17 11:47:11
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