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Production in the Short- and Long-Run 17 Octob When a consumer buys more of a good as a result of a relative price change, economists

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Production in the Short- and Long-Run 17 Octob When a consumer buys more of a good as a result of a relative price change, economists call it Select one: A. marginal utility. O B. diminishing marginal utility. O C. the substitution effect. O D. the real-income effect. F

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