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The restaurants in Cleveland have few customers on the weekend due to Cleveland being primarily a 9-5 working city. Many restaurants began offering specials on
The restaurants in Cleveland have few customers on the weekend due to Cleveland being primarily a 9-5 working city. Many restaurants began offering specials on the weekends to bring new customers in. This is an example of A the income effect. B the substitution effect. C the target return effect. D dynamic pricing. E cross-price elasticity
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Principles of economics
Authors: N. Gregory Mankiw
6th Edition
978-0538453059, 9781435462120, 538453052, 1435462122, 978-0538453042
