Question
When the price of audio books, a normal good, falls causing your purchasing power to rise, you buy more of it due to A. the
When the price of audio books, a normal good, falls causing your purchasing power to rise, you buy more of it due to
A. the substitution effect. B. the elasticity effect. C. the income effect. D. the deadweight loss effect.
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International Economics
Authors: Dominick Salvatore
11th edition
978-1118177938, 1118177932, 1119915732, 978-1118476017, 1118476018, 978-1119915737
