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Which one of these is an example of the substitution effect? Multiple choice question. Hiring Joe rather than Larry to oversee a new project Telling
Which one of these is an example of the substitution effect?
Multiple choice question.
Hiring Joe rather than Larry to oversee a new project
Telling a customer that either one of two existing products will meet their need
The variable costs of a firm's existing product increases due to a new product requiring the same resources
Current employee costs are lowered due to the automation processes implemented by a new project
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