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A Change in the Relative Prices of Which of the Following

Question 23

Multiple Choice

A change in the relative prices of which of the following pair of goods would likely cause the smallest substitution effect?

A) Right shoes and left shoes.
B) Petrol from BP and petrol from Shell.
C) Kit-Kat chocolate snacks and Twix chocolate snacks.
D) Coke and Pepsi.

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