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Which of the following represents the substitution effect of an increase in the price of apples? A A decrease in the quantity of apples purchased
Which of the following represents the substitution effect of an increase in the price of apples? A A decrease in the quantity of apples purchased B A decrease in the quantities of all goods purchased by the consumer C A shift of consumption from other goods to apples D A decrease in the opportunity cost of consuming apples
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International Business Competing in the Global Marketplace
Authors: Charles W. L. Hill
11th edition
1259578119, 978-1259578113
