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    (Figure: Quantity of Goods Y and X I) the Substitution
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(Figure: Quantity of Goods Y and X I) the Substitution

Question 61

Question 61

Multiple Choice

(Figure: Quantity of Goods Y and X I) The substitution effect will be largest for indifference curve: (Figure: Quantity of Goods Y and X I)  The substitution effect will be largest for indifference curve:   A)  U<sub>1</sub>. B)  U<sub>2</sub>. C)  U<sub>3</sub>. D)  U<sub>4</sub>.


A) U1.
B) U2.
C) U3.
D) U4.

Correct Answer:

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