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

Question 128

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(Figure: Quantity of Goods Y and X III) Because of the substitution effect associated with the decrease in the price of good X, the quantity of good X purchased: (Figure: Quantity of Goods Y and X III) Because of the substitution effect associated with the decrease in the price of good X, the quantity of good X purchased: A) increases from 3 to 5. B) decreases from 3 to 2. C) increases from 2 to 3. D) increases from 2 to 5.


A) increases from 3 to 5.
B) decreases from 3 to 2.
C) increases from 2 to 3.
D) increases from 2 to 5.

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