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3 Along the demand curve O a. the income effect must be positive O b. the income effect must be negative O c the substitution
3 Along the demand curve O a. the income effect must be positive O b. the income effect must be negative O c the substitution effect must be negative (a rise in price causes a decline in quantity demanded) Od. income effect and the substitution effect must both be negative Oe. income effect and the substitution effect must both be positive
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