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6. Who proposed Revealed preference theory? A. Wilfred Pareto B. J. Hicks C. Paul A. Samuelson D. All of the above 7. Which concept explains
6. Who proposed Revealed preference theory? A. Wilfred Pareto B. J. Hicks C. Paul A. Samuelson D. All of the above 7. Which concept explains that, when the price of a good falls it appears cheaper to the cosumer given his income as fixed? A. Substitution effect B. Income effect C. Expense effect D. Cheaper effect mepani answer = 0.5 Mark)
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