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Figure 21-12 -Refer to Figure 21-12. Suppose That a Consumer Is Originally

Question 108

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Figure 21-12 Figure 21-12 -Refer to Figure 21-12. Suppose that a consumer is originally at point R. Then the price of good X decreases. Which of the following represents the substitution effect of the price decrease? A) The movement from point R to point S B) The movement from point R to point T C) The movement from point T to point S D) The movement from point T to point R
-Refer to Figure 21-12. Suppose that a consumer is originally at point R. Then the price of good X decreases. Which of the following represents the substitution effect of the price decrease?


A) The movement from point R to point S
B) The movement from point R to point T
C) The movement from point T to point S
D) The movement from point T to point R

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