The Substitution Effect Is the Change in Quantity Demanded That

Multiple Choice

The substitution effect is the change in quantity demanded that occurs

A) as a result of a change in absolute prices, with real income held constant.
B) as a result of a change in relative prices with money income held constant.
C) as a result of a change in relative prices, with real income held constant.
D) with a change in the relative prices of two or more goods.
E) when one good is substituted for another.